No, that's the opinion of a handful of posters. I have just 2 AI Sol Blues over my 75g and my SPSs - while still small (I've bought tiny frags, most are less than 6 months old) are all growing and colored just fine. I have bright blues, greens, teals, purples, jades - acros, milis, sylos, montis, torts, birdsnests... all fine.)
IMO frags take a long time to acclimate to these lights, especially if they are maricultured or spent a long time under t5's or MH. But once they do, they're fine. It's an opinion shared by many here. Frankly, every time I hear LEDs don't work my mind hears 'get off my lawn'