Its an interesting subject. So many variables. On a reef there is dusk, dawn, low and high sun angle, sun movement shading, and water surface refraction that changes with the surface action. Then there are tropical storms with thick cumulus clouds giving low UV penetration that last for days. It would seem that variable lighting better replicates nature. How to use it best? I don't know. I ramp up for 4 hours, steady for 4 hours, and down for 4 hours. I do this only because it seems to relate to my Maldives experience where I tried to observe every detail from sun, surf, depth, rock shade, cloud cover, restaurants and Shirley Page massage packages.
Those Shirley Page massages are given in an over water villa with a glass floor so you don't miss a thing. Fish, sharks, octopuses all around to keep you awake while madam turns you into gelatin.