I run my display reef solely on T5 - ATI Blue plus 6 bulbs total. When I first started this system I had 5 blue plus and one aquablue special but wanted to see if ATIs blue plus could really handle the job solo. After 6 months I see no negative result in a tank that contains finger leathers, various low end to high zoas/palys, multiple euphyllia colonies, and some entry level Birdnest SPS ( ponape and screaming green).
I agree that T5s and power compacts could run a reef system solely on 460nm-420nm spectrum as they contain the other parts of the spectrum just in a less visible form to our eyes.