For a frag tank, I'd look at using the GE Starcoat 6500k bulbs. They are relatively inexpensive, available locally (check with Doug at Reef Tank Lighting, Sam at Aquabuys or E. Sam Jones) and produce all the PAR you will need.
I learned the PAR to lumens figure from Dana Riddle at the last meeting. I tried reading a dictionary once. I got all the way to John F. Randall before I realzied it was a phone book...
I didn't here him say the par to lumens measure ment...got there after all the seats were taken so i had to sit in the back maybe didn't here that part
The single reflector will limit the effectiveness of the fixture if you will have predominately higher light loving SPS frags (should be fine for montis, LPS and softies) but you should still get decent PAR out of it using higher PAR bulbs like the GEs, URI, and ATI 6500 to 10,000k bulbs.