BigCube
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I just ran over the numbers a few posts back. 35w sq ft for LED 55w sq ft for HID. No led is not more than 200% more efficient than a HPS.
Sorry I was a bit short on that answer. I'm at work driving (on a break now).
Led seems to be around 140% that of HID. Roughly. Obviously there is some variation due to led manufacturers and efficiency ratings.
Best case is 50% more. So a 240w led is more equal to a 400w hps. 2x240w would be equal to like 800w etc.. rough numbers of course.