6oo watt hps with everything included $125-$140, free shipping on amazon. Open balb with reflector, easily will out do any led or t5, or cfl.

And mainlining is great, I would shoot for 8 tops. But try both.
I know a lot of people have bought into the led thing, and that's cool, but ask your favorite breeder or commercial grower what do they use in there personal gardens.

Good luck.