So what changes have you made in the last 3 to 6 months? You mention good growth, then a bleaching problem. Lighting changes? Carbon additions? How are the other chalices doing? You also mentioned problems maintaining magnesium above 900 before you added a calcium reactor. This also causes stress and tissue recession with LPS and chalice corals.
Dana highlights some very limited studies that are interesting, however I would not make any judgement calls based on the information in it.
If you are using the information in the article you are comparing the amount of red light intensity from a 150wt. 10K bulb with a peaks around 425, and 550 to a t5 bulb with a peak at 660 (ATI procolor)? Does this give off more or less red light? Does anyone even know if the ATI gives off more red light than the KZ Fiji Purple? One might assume it does given how it looks, but the blue light the KZ throws out could mask it.
Your phosphate level at .10 is in my opinion a far greater problem. The inhibition of calcification by phosphate has been the subject of scientific studies and many reports by fellow reef aquarists. Check out these articles:
http://reefkeeping.com/issues/2006-09/rhf/index.php
http://reefkeeping.com/issues/2004-05/rhf/index.php
Good luck that is a nice looking chalice!