As long as all of your lights are of the same type, you can white balance for them and get accurate colors. The whiter the light, the less it will favor one color or another, but there isn't much difference unless you're using some strange light like a street light (sodium?).
Mixing lights is a no-no, unless you're doing it for creative reasons. Using incandescent bulbs while streaming daylight through an open window will result in a strange mix of blue and red since daylight is much bluer (colder) than incandescent lights.
I still prefer inexpensive studio lights to the improvised lights, because I find studio light stands easier to work with and I can easily mount umbrellas, barndoors, snoots, cookies, and filters on them. The lights themselves aren't that expensive, although the accessories add up fast.
If you're just trying to flood the scene with light, then the work lights probably function identically. You definitely don't need to spend a ton of money just to get a lot of light, but be sure you color match your light sources. If you choose halogen, then go halogen all the way; ditto for fluorescent, incandescent or any other type of lighting. Watch out for LEDs, because they vary in temperature depending on the manufacturer and their exact composition. You should be able to find out their temperature before you buy them. They're pretty expensive for the amount of light they give off, and they require a lot of diffusion. Someday, they will probably be the light of choice, but for now, I'd avoid them unless you've got a big budget and you want to save energy.
The mud-bondage guy