Should be okay. The LE Paletti lovelii from Bryan was the same; bleached as soon as it saw my lighting. It's still bleached but no tissue recession or anything. Same with your piece from day one, but I'm not too concerned about it. The polyps are out on both and they're slowing picking up coloration in the body.
I'm expecting to see more bleaching throughout the tank soon - switching from Phoenix 14k over to Reeflux 12k once the new tank gets shipped (next week).