Im currently(but not for much longer, upgrading to a 75g 20" deep next week) running a 400W 10K XM on a PFO ballast over my 18" deep 33g tank. Only thing I've had bleaching problems with is a few zoo polyps on a colony I used to have. The bulb is about 12-13" from the water's surface. I have only two SPS, both birdsnest corals(slowly adding more), I have several LPS, a Crocea clam that sits at the bottom(had it for a week, and it seems happier than it was in the store under 250W), and tons of thin-barred xenia and some zoos and a few mushrooms, and a hairy mushroom, o and some GSP. All my corals are really happy under this light, and my frogspawn has been growing like mad under it, its just recently split into two heads and already another head has grown off one of the branches and the other head is splitting. Clam is showing great color under the light and looks more open and happy than it did in the stores tank which it was in for about a month and is a very healthy tank.
Overall, very happy with the 400W bulb over the tank(although I do have good air movement in the hood to keep the tank temp down).
Chris
EDIT- Should have mentioned that the 10K halide is the only light im running over the tank right now. I will however be picking up a blue fluorescent bulb for the 75g.