Just a note--
After speaking with someone who talked to Dana after his coral coloration lecture, it sounds like his dislike of T5's stemms partly from tests done with the cheaper, single reflector models, which left him unimpressed.
With T5's, it's a lot less about the bulbs I think than it is about having quality individual reflectors to focus the light. So if your fixture doesn't have ind. reflectors, you can probably plan to be disappointed in your testing. It wouldn't cost that much more to go with a 2-bulb tek retrofit, but even for a frag tank I'd suggest the 4-bulb setup (as Dana mentioned, one of the advantages of T5's is being able to cram in a lot of bulbs...)
As far as lighting goes, ATI and URI bulbs are the way to go. There are some other good ones out there, but these two are prevalent and proven winners. Go with a sunlight and a blue plus bulb if you only use two. The actinics are pretty crappy in my opinion, and I run VHO URI actinics for supplementation in my reef, and use the higher PAR t5s for my main lights.