Lol well ok I'll list the common types of lighting for corals then...
PC - Power Compact lighting is the cheapest form out there. PCs do well in nano tanks or shallow tanks where water depth doesn't get much more than 12". Their shortcomings are poorly designed reflectors leading to a lot of wasted light. Benefit, cheap and smiple.
T5 - 5/8" diameter single flourescent tubes. Depending on the number of tubes used, T5s can light anything from softies, through delicate light-hungry SPS, clams, and nems. Their reflectors are efficient (especially models with individual reflectors for each tube) and the high output versions get great light penetration even in deeper tanks. Benefits are high-power and very modular. Downside is cost, they're prolly the most expensive option to setup
MH - Metal Halides are a very high-powered option out there. They get great light penetration at depth and excel at providing energy for high-light specemins. Benefits include simple design/construction, low number of tubes, affordable setup (if you're even remotely DIY competent), and modern electronic bulbs/ballasts are very energy efficient. Downside is heat. Fans are almoast required to keep them cool.