You guys should read this:
Feature Article: How Much Light?! Analyses of Selected Shallow Water Invertebrates' Light Requirements
http://www.advancedaquarist.com/2007/3/aafeature1/view?searchterm=too much light
The points of onset photosaturation and photoinhibition are lower for many stony corals than I would have thought. Many SPS they tested have the most photosynthesis around 300-400 PAR. I know I have places in my own tank that are between 700-900 PAR.
This may be why lower MH photoperiods are showing positive results for some. While stony corals certainly seem to be able to tolerate high PAR numbers above 600 or 700, few of them actually perform more photosynthesis at these levels.
I wonder if by having a shorter MH photoperiod, more actual growth is taking place with the supplemental lights, which will be different for everyone. But my 2x80w T5s push between 75-200 PAR into the tank by themselves depending on where you measure. Based on the results in the article its enough for growth.
This article does not go into the effects of super-high light intensities on coloration, other than to speculate that Purple corals can tolerate more light since they reflect more blue and red.
So having the brightest lights on for only 5-6 hours allows the most light demanding stuff (purple sps, tridacnids) to get plenty of light, and then when the intense lights go off, the supplements may allow the real growth to take place for everything else.