Daniella, here is a somewhat related poster:
http://cpl.usu.edu/files/publications/poster/pub__2576523.pdf
Even though it is using lettuce, there are several interesting aspects. However, it doesn't talk about the long-term effect, which you are asking about (it's unlikely that red+blue is detrimental/harmful in a long term).
Silvan, yes, COB is "chip-on-board". I don't pretend that I understand why it is better. I have read a couple things, but my understanding is that it can manage the heat better (heat is bad for efficiency). A couple related links:
http://www.digikey.ca/en/articles/t...duce-cost-and-save-energy-in-lighting-designs
http://www.cob-led.com/COB-LED-Advantage-Chip-on-board.html
It is difficult to say 100W COB is more intense than non COB. There are lots of variations in LED efficiency. Higher efficiency of COB is probably true if you compare COB against older generations of non-COB (like so-called 1W or 3W LEDs). However, it may not be the case with the newer non-COB. With non-COB LED, I think Cree XM-L2 has one of the highest efficiency (white LED). It is rated at 10W max. I haven't done the comparison for a while, but if you compare 10x XM-L2 vs 1x CXA3070 (rated at 117W max), I think XM-L2 gives slightly more output for a given energy consumption. However, XM-L2 was at least 2-3x more expensive, I believe.
A brief reminder of the "watt" ratings of LEDs:
When people says 3W LED, it CAN handle up to 3W. But most of the time, we drive them at much lower current (e.g. to consume 2W) for the increased efficiency. This is a part of the reasons I'm running CXA3070 at 50W. To cover 8 sq.ft., I could get 2x CXA3070 at 50W or 1x CXA3070 at 100W (initially cheaper, but you aren't getting as much light as 2x 50W). So it's a balance between long-term vs short-term (initial) cost.
The other reason I like COB for DIY is the ease of assembly. Instead of attaching 10-30 diodes, you can put 1 chip. However, there is a counter-side. COB becomes more of a "point-source" light. This means that the lower leaves can be shadowed by upper leaves. When you have a bigger LED panels like yours, more light can reach to the lower leaves.
Sorry for a long reply, but please keep us updated with how aquarium (bluish) light will do with orchids!