To add to the lighting question, PAR value is the best measure of how useful a light is for photosynthesis. The same amount of photons at a shorter wavelength such as 420nm (actinic) is more concentrated than that of a higher wavelength such as 600nm. Often bluer bulbs have less overall PAR value though because even though they may put off more blue light than a 10k bulb, the overall amount of light across all spectrums is less. This is often the case with many halide bulbs as you will see if you read many of Sanjay Joshi's articles on spectral analysis. I have not seen any real comparison of compact flourescent bulbs, but I would suspect that it would be the same. I would love to see some of the spectral analyses of compact flourescent bulbs available in the hobby.
A simple comparison would be with change. While quarters are worth more than dimes, nickels, and pennies, 5 quarters is less money than 3 quarters, 5 dimes, 4 nickels and 8 pennies. The same is true when comparing various peaks at different wavelengths within the range of Photosynthetically Active Radiation (PAR).
When I choose lighting for my tank, I look for bulbs, or a combination of bulbs, that will produce some light across all visible wavelengths, but with a stronger concentration in the bluer areas to replicate the depth of water that my corals naturally occur. I also look for bulbs that can provide this while giving me the maximum amount of PPFD for the wattage bulb I have.