I just had my basement finished and we used Cree TW Series 65W Equivalent 2700K recessed LEDs. They are spaced in a 4 foot grid over the layout area. 2700K matches the tone of incandescent lights. The bottom line with color temperature is to pick one that is pleasing to your eye. All modern cameras will allow auto or manual adjustment of white balance, but as Dennis pointed out, this will only work if you don't mix lights of different color temperatures.
Another important factor to consider is quality of LED bulbs. Lower quality bulbs can have an annoying buzz, flickering, or inconsistent color (measured by the Color Rendering Index CRI). Also, the heavier the bulb, the better. Heavy bulbs have a larger heat sink, which will prevent premature failure.
Cree bulbs have had consistently high ratings and I am very happy with the TW Series. They are also available as regular screw-in bulbs. You will also need a dimmer that is designed for LED use.
Here are the bulbs I used. Funny thing, they are $25 at HomeDepot.com, but around $16-17 in the store.
Bob
