Yes, if you are going to go out and buy fixtures, at the 100 to 200 watt level, T5 fluorescent will be better than HPS. HPS does not become more efficient than T5 fluorescent until you start using bulbs of 600+ watts. A 150 watt HPS is probably less efficient than T5 fluorescent. Also with HPS the light is a bit too concentrated - you get a small very bright area and outside that the light rapidly dims; this is why growers that use HPS often employ motorized light movers to slowly move the HPS light back and forth along a track.
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