honestly a tough subject, believe it or not. K rating, and correct me if I'm wrong, is the intensity (color basically) of the light when it reflects off of objects, but the K ratings aren't the same across the board.... so that makes things tough. It really depends on the type of bulb you want (brand basically) and what ballast you're running it on. Different ballasts will run bulbs slightly different colors.
Take a radium bulb for example. They're a pulse start bulb from Germany. On a standard electronic ballast they have a deeper blue color (too blue in my opinion) . Ran properly on an M80 HQI ballasts (330W if i recall correctly) they're a crisp white with a nice hint of blue.
If you're using just MH, then a 20K XM, radium, SPS, yada yada will look awesome. If you're using actinic supplements, then you might consider dropping the par to a 14 or 15K lamp (reeflux's 12K is the same as a 14/15K) to get better growth. If you're using HQI, then I would just spring for the phoenix 14k, great growth, great coloration. (I can post some pics from google if you want to see coloration pics)
Unless they changed something, stay away from the XM 15K, it's crap.