In short, yes lights and colors do have a lot of impact on corals and growth and color. MAny folks I've been talking to here on r2r and myself have seen color changes with different spectrums at close to the same intensities. This goes for t5 mh and Led
Would I get faster growth with higher output lighting?
Higher output, Im not convinced of that. Different spectrum yes maybe so. A165w Mars and Sbreeflight have about the same intensity, yet many report much better results with the SB.
One of the thing I get flames for is the lux par work. if a light has a lux par conversion of 50 its got better spectrum than a light with a lux/par of 75.
That being said many folks ave also used MH with a par meter and matched the numbers exactly with high end LED's and hated the results and went right back to MH.
SO the question is why is that. I have theories but its long winded. In short, they may be wrong or it does lack a spectral component the MH has.
The next question on intensity is, how much is too much for a particular coral. I have coral growing under way more than most would recommend and are amazing, and also some that don't seem to like that at all. That a frogspawn btw. the top heads are a bit pale, and the lower heads not so much. Is it intensity or spectrum, dunno. In that same tank, many corals that used to fluoresce, now dont.
If its affordable, yea, Do an upgrade if nothing else just to see what happens. I have 2 DT's with different lights and yes, the colors change as does the growth with the same approximate intensities or less.
Both were noted before I started automated dosing BTW.
IMO, IME, for most, simple two part or kalk dosing and water chances are enough for trace minerals and the big 3. Good light at an intensity that matches the ALK and nutrints is next. Exploring better spectrum is not always needed but definitely something to look into.