The max you really can get will be Luxeon III with the MR board... though from what you seem to want you would be much more suited for a Crystal Focus board instead of your MR.. though with your time constraints that may not be viable as they are very hard to get a hold of... Everyone wants them and they sell within minutes.
Making sabers in real life, however simple it may seem, is far from it for the first timer... I had been lurking on these boards and forums for a long time before i signed up.. Its a lot of learning and im only just about to build my first few sabers.. The key is Patience... you really will need it when it comes to this hobby...
I am starting off in the deep end, but only after much research, and advice from asking the right questions after reading as much as i could. But really, it is all here... you just need to have an open mind to see them. Sticking with the idea of a Lux V with an MR board wont get you far..
All that being said, welcome to the forums, and happy searching
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