Hello:
If you are not going to use the Actinics, then you will want to choose a bulb that has more blue in it's color spectrum. You might want something in the 6.5K or 10K range. Tests have showed that the 20K lose some of the spectrum faster then the 6.5k and 10K.
If you are going with a fish only tank, get a bulb that makes the tank look nice such as a 10K white. There is no reason to put a huge spotlight on your fish, as your tank will go from dark to light in a microsecond.
If you are going with corals, then light intensity will make them grow and you will want a light with more blue as that is the main color spectrum down were the corals live in the sea. That is the reason that people use the actinics; however just to confuse the issue more, tests have shown that corals will grow with a bulb from 4k to 20k. Again, higher intensity seemed to cause the corals grow faster.
Generally speaking, a 250-watt MH should be good for your size of tank (down to about 30" deep). 400w will work for a tank about 36" deep and some are dimmable.
I often feel that the whole light issue has become overly complicated. You will be able to find people that have used this, or that, and both have good results. More times than not, water conditions have a bigger impact on coral/fish growth than the lights. Everybody can live in a dim place, but can't live without proper nutrition. It is easier to raise a coral higher in the tank for more light, than it is to provide a good living environment.
To summarize, I think that a 250W hanging from a pendant with a 10k would work just fine for your tank. I hope that this is some help as your are going to be making a sizeable financial investment in lights and everyone wants to spend their money wisely.
Bob