Hi John,
I read you question, and immediately grabbed my handy-dandy rip-off-o-matic pocket spectroscope to check this out (actually the scope is pretty cool, just not real quantitative).
I have a SureFire red filter (the push-on kind, similar in construction to the F04 Beamshaper) that I used on my McLuxIII-PD, a stock MiniMag with a red filter from Mag, a red SureFire A2, a red CMG Infinity, and an Aleph 3 with a red-orange LuxIII.
Both filters gave pretty much the same spectrum. It peaks in the red, tails off into infrared, and stops abruptly in orange. The Mag filter is actually more red -- the SF filter goes farther into the orange.
The Surefire A2's red LEDs are the most red of the LED sources, but the spectrum does very faintly taper off to the first parts of green. The Infinity has a definite green component to its spectrum, and the Aleph's R/O has the barest hint of blue on that end of its spectrum.
What that means for physiology, I can't tell you. But here is a link to the "USAF School of Aerospace Medicine FLIGHT SURGEON'S GUIDE." Check Chapter 8: OPHTHALMOLOGY AND SPECIAL PROBLEMS OF THE EYE, especially the section on night vision.
http://wwwsam.brooks.af.mil/af/files/fsguide/HTML/00_Index.html
Hope this helps.
Scott
PS: You also asked if one was more stealthy.
I think so. I think the redder lights (to include both filters and the A2) are much more difficult to see from a distance. There is something strange about red where, below a certain intensity, your eyes just don't detect it well. You can verify this by taking two lights of approximately the same brightness -- one red -- and shining them on the ground outside. Gradually point them up and into the distance. The red light will fade out much faster than the other.
The best light I have for preserving night vision AND remaining functional is my SureFire A2 in yellow-green. Its LED spectrum covers most colors in enough intensity to make them out. You can read the vast majority of features on a road map with it, where you cannot with a red light. However, red is still best (in my opinion) for astronomy and other apps where maximum night vision is required.