I've traded my 2 DE HPS hoods up 2 years ago, and haven't looked back. I can harvest essentially the same results with about 700 watts of power, much less heat, and actually manage an inside grow during the heat of the summer months. No doubt LED's vary, I've used dozens of different lights over the years.
That's something I wouldn't even touch with HPS, cause I would need another 2000 watts for cooling.
My guess is LED would do a great 8; 10 or 12 foot tall grow, if the spectrums were correct and the intensity were there. Once UV A+B is added into the mix, your really sitting nice. I look at LED as an investment, cause the money back in electric over time, plus they last 50,000 hours or more.
I've got LED's I purchased prior to 2010 that are still growing flowers, with friends who've taken on the lights. They've paid for themselves over the years, and still give more.
DE units are great, but my LEDs are just as good, I would argue as good, or better, plus less than half the energy. Or I would have pulled them back out, already. Just actually packed some of that shit out of the house in the last few months, cause I don't need it anymore, and I held onto it, not knowing for sure.