I've posted some pretty in-depth opinions on this matter before so I'll preface this by saying this is the tip of the iceberg of where I stand on this topic.
If you're lighting people, I'd go with
Selador. As one of the co-founders of
Selador, Novella Smith, has said, you need color to see color.
Selador covers the entirety of the color spectrum better with the several colors of emitters it has, so when you light up the many shade of skin tones people have and the colors of clothes/costumes they wear,
Selador can light people up without giving them that distinct, sickly appearance of being lit with
LED's.
A less expensive alternative may give some theaters suitable results because many are still supplementing their
LED's with
incandescent sources, which helps "fill in the gaps" -- both figuratively and literally -- fewer shades of
LED's means larger gaps in the color spectrum of colors that are being under-represented. If you were supplementing your install with conventionals, you could potentially get away with a less expensive alternative, but it sounds like you're banking on the
LED's being able to carry themselves on their own. If that's the case, this is a corner I would not attempt to cut.
