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I use Malibu Cast Metal fixtures.........basicaly for convenience of availability......and that I can get them at Home Depot or online easily. Cost is also reasonable. Some customers prefer the not so ordinary and don't mind a higher cost per fixture. For that I have catalogues for other brands.
Yes...install new wire. The $1 per foot wire installed is kinda the norm. As for the fixture.....2 - 3x your cost is not uncommon, I price the transformer the same.
Path lights and Lanterns as mentioned up to 18 watts. Spotts generaly 20 watt.....though I use 50 watt for getting more light onto a larger specimen, or location.
5 feet apart is much to close. Double that should be enough
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