I would go 3500K 1212 in 90cri if it were me (about to convert two old Mars with this). I'm not sure you would truly see a huge benefit to multiple colors, if any benefit. Could be the opposite lol. But 3500 is tried and true, great growth and flowers. As far as cooling, I'd try passive with oversized heatsinks, you can always add fans if you need more, adding four fans, wiring and all would be less than 40. Currently I'm active cooling (alpine CPU coolers) however I would love to try passive. Less moving parts= less room for part failures.