So an LED is clear and emits a certain frequency (why they appear certain colors). So if you have an LED that emits all its light at 640 nm thats great because plants like light at 640nm and no energy is wasted making unusable frequencies. This is talking about good grow LEDs. There are white LEDs that are painted a color or use colored plastic - these are not to be used for growing.
Now you have a 2700k CFL. This CFL emits light at 640nm, 630nm, 620nm, 610nm, 550nm, 540nm, 530nm... All of those nm can be used by the plant. Now the CFL also emits light in a spectrum that is less ideal for plants - say 300nm, 320nm... The light at 300nm doesn't help plants much and is wasted. So if we take a 660nm filter we can filter out everythign but the 660nm. But this doesn't add light. It makes sure all of the light the plant gets is usable but the plant isn't going to get the 550nm, the 530nm, the 610nm... So you are actually decreasing light with the filter. And its not as if the 300nm light hurts the plant.
Filtering light is very different than producing light of a specific spectrum to begin with.
Keep in mind when people say "red" and "blue" spectrum they are not talking about red and blue light necessarily. 2700k is heavy towards the red side of the spectrum like 6500k is heavy towards the blue spectrum. Same applies with HPS and MH but the visible light does not appear straight red or blue.