I have used 6500K CFL's before with good growth, and now have a pair of Eshopps Curve refugium LEDs (also 6500K) growing chaeto "like no tomorrow" in a pair of Eshopps 3rd gen sumps (w/ refugium sections).
I also dose iron now, and that seems to have made a slight improvement in growth as well.
I have not tried the "horticulture spectrum" LED's (red and blue diodes mixed), but they seem to work for a lot of others as well.