I'll confess that I just got lucky with the Finnex Planted Plus 24/7. I was lured by the dawn to dusk to twilight feature as it better simulates natural light. Now having 'said' that, except for some lakes, the canopy shades the water ways much, if not most of the day. So lighting in the aquarium is more for our viewing pleasure and to support plants....as the fish do really well in low light!
Now my 60g is referred to as a "low tech" tank in that I don't use CO2, requiring high fertilization and bright lighting. The plants I have typically grow slower, but do well with medium light. And floating plants (and every tank could use fast growing floating plants) do well in almost any light because of their distance to it.
LED lights are the future in the home and the aquarium. They're bright, cool, and use far less energy. Yes, they cost a bit more until you add up the energy savings over time. I have 2, 4' LED shop lights over my 110g stock tank supporting water sprite and duckweed. But I have florescent tube lights on a 29g and a 10g. So if you have a T8 or other florescent light, I wouldn't run out and buy a more expensive LED light...but if you're in the market for aquarium lighting, I think LED is the way to go.