I'm not convinced that tuning the color doesn't change the spectrum. When you change from a more blue look to a more white look, there has to be incorporation of longer wavelengths (green, yellow, red- which seem to be less desirable for coral growth) to produce the visual change. You can see that in their graph. I'm not an expert, but I think it would be impossible to not change the spectrum while changing the appearance to the eye.
So, I do think that certain coral will thrive based on the amount of color used. In my anecdotal observation, I've seen many people having success with a more blue appearance. I
think, in my experience, I bleached a colony of Zoas while trying to increase color (more white) while staying at the same intensity.
http://www.kessil.com/aquarium/Saltwater_A360.php