I have the RAPIDLED PAR 38 bulb over my 10 gallon nano, and it does great. The colors I have are cool white/ blue / royal blue. I love the color and shimmer effect it gives and my corals are doing great. Zoas, palys, mushrooms, GSP, green toadstool leather, kenya tree, and pulsing xenia are doing great. I have 3 SPS species directly under the center of the light in the middle of the tank. The orange Montipora digita is doing great and growing well vertically and encrusting its base, I have one acropora that is doing well, but hasn't grown much, and an unidentified frag which is blue, that has begun to brown out but seems to be fine. I don't recommend blue or white colored SPS under this particular light, but green, red, purple, and orange seem to do great.
The only thing I would add is the 12 bulb fixture I bought is only enough to cover 3/4 of a standard 18" long 10 gallon tank. I plan to buy another bulb in the future if I decide to go heavier on SPS. Or add some stunner strips to aid with the coloration.