what's the PAR range look like? To what extent can you copy a spectrum out there in the market (apologies if you pasted the PAR range on an earlier comment)?
The guy from the video answers that question in another video: the exact spectrum does not matter much with regards to PAR, as long as you don't go too far into one extreme.
So you can use 2700K, 3000K, 4000K, 5000K lights and they'll all be very close in PAR.
The red lights added to modern grow lights make the light more efficient, but the LEDs are also more expensive than the white ones, so that's why they only use a few of them per board.
This was one of the questions that was nagging me, but he answered that very well, and it's all backed up by measurements.
So with the modern lights you spend (a lot) more money upfront, mainly due to the expensive red LEDs being added, but then you get more PAR efficiency, so you might make it up with additional yield, or respectively a lower power bill.
I think going with simple LED bulbs is extremely good to keep mother plants, for small veg areas, and cloning, simply because you just need adequate lighting and not more. Maybe for flowering a better light will pay off in the long run, especially with high energy costs (in my area energy is ~0.3€/kWh...)