i've done the XM 20k, the XM 15k, and now the new Iwasaki 15k Aqua2 (all 175w SE, magnetic ballast), and super actinic VHO's.
By far my favorite bulbs were the XM 15k's. Gave me the best color and best growth. Only thing I didn't like with them is that they didnt seem to last very long. One bulb lasted 8 months, the other 6 months before a huge change in the spectrum. Despite the whole low PAR debate, I had extraordinary color and decent growth from all my corals, esspecially my SPS. The XM 15k is however a good bit dimer than the XM 20k, opposite of what you would think.
The XM 20k is just too blue. Gives awesome flourescence, and great color to mostly everything. It does seem to wash out some colors though. Very bright, but growth of SPS seemed to come to a dead hault, as well as other corals. Definitely makes zoas look sweet!
Now I have the new Iwasaki Aqua2 bulb everyone is raving about. I can see why alot of sps freaks
like the bulb. I myself can't stand it anymore. I have it paired up with VHO's. And my zoas have virtually no color anymore. It just doesn't seem to make anything flouresce that great at all. The only things really responding to the new light is my SPS that are getting some really bright tips. But thats just my opinion, its still a great bulb, and super bright white, just not for me.
I dont seem to like the VHO super actinics either. They give off such an artificial color, I dunno it just makes things look strange.
If I could fit 3 175w MH's over my tank, I think I'd go with 2x20k bulbs, and then the Iwasaki in the middle.
I'd like to hear more about the Ushio 14k and 20k's.
I agree with Azurel, even though the Hamilton bulbs have horrible spectrum analysis, I've seen a couple people with these bulbs over deep/large tanks, and their stuff looks amazing.
I think the big key with lighting, is just to keep things the same over a long period of time. Too many people change their bulbs at 6months or so to a new bulb. The tanks with the best color/growth I have seen, have been using the same bulbs for almost 2 years. Some things take alot longer than 6months to fully acclimate to our tanks. And by changing the types of bulbs too much we are slowing that process down.
I used to have a planted tank, so I favor color over growth any day. Slow growth is fine for me, I have no problem with it. I like things to look crazy, and anything to keep me from constantly putting my hands in the tank to trim stuff.