Just a couple thoughts I've collected over the years..
Advanced aquarist did a writeup on red, they only did one or two species, but found red seems to be a "controller" spectrum this specific coral used to decipher how 'fast' to run it's photo-metabolics. The less red, the more blue it allowed, the more red, the less blue it allowed. (to prevent over-saturation of photo-cells iirc)
Also, I've seen in the recent 4 macna videos, one guy talking about symbiant mechanics in coral. And they have found even the same genus/species of corals can indeed have multiple symbiants for zooxanthellae. Meaning, there's a tolerance range associated with the zooxanthellaes. For example, you have 2 green slimers. But one contains zooxanthellae that is perfectly acceptable with a temp range of 75-78, and another that only prefers 75-76 degrees. So it's very practical to guess that these fundamentals may indeed apply to acceptable PAR ranges. Meaning 2 identical corals could respond differently to different PAR/spectrum. (I think that's probably more applicable to PAR than spectrum given what advanced aquarist found about spectrum contributing to 'facultative spectrum' concerning red)
So these tidbits definitely fly in the face of 'all green slimers are the same' mentality when talking about PAR readings and placement of coral. Even more so as the macna researcher said they found some zooxanthellaes only had a slim range of tolerance before bleaching, in the case of temp, it was as little as 2 degrees in which they saw a reaction that led to bleaching.