Low budget studio :D

There is no good point in trying to judge anyone in any way, you should know.

While I don't consider myself an expert in photography, I am far from a layman and know about related stuff.

If a proper light source doesn't really matters, you could also use something like a white flat green and get more lumens/throw or biased efficiency in exchange. I am sure any work done with it will require some additional postproduction work.

If you wanna me take that to the extreme, go with a monochromatic led.

Versus ideal light sources leds still need to improve quite a bit, imho. People too.