I read the article, but didn't really learn anything new. Not bragging-just had a few really good teachers. I personally don't care for suspended lights because the sand bass I fish for run like crazy and I've seen ( and had ) them wrap fishing line around the light's wires.
If battery power is what you want to use, I've had great success with fog/running lights mounted to the side of the boat. I had a 16 ft bass boat rigged with two lights on each side aimed down at the water. Now I fish from an 18 ft pontoon and just hang a couple of coleman propane lanterns over the side.
To the best of my knowledge, the main difference in light color is that the white attracts more bugs but makes it easier for you to see. I just make sure the lights are below me and the bugs don't bother me.
Hope this helps.