I was considering using one 1kW HPS ballast running at 1200 watt overdrive to run two 630W CMH bulbs but the more I research it doesn't seem like a good idea.
What if one bulb goes out, would all 1200 watts go to the remaining bulb and toast it too?
Aha! finally a good point! Yes the ballast would provide the full amount of current to whatever it was powering.
To clarify, I'm speaking specifically regarding magnetic ballasts for simplification of discussion.
Having looked over that old thread (thank you!) it seems there is some confusion regarding ohms law on that thread (mostly relating to digital ballasts), but that doesn't apply because:
"HID lamps have negative impedance, which means that the lamp draws more current than is required for it to operate." - Source: 5024_HID_Ballast_Application_Guide
So in my example of 2x70s on a 150 mag ballast - if one dies the other would use the entire current available from the ballast, worst case creating a shit power factor and/or burning out the internal bulb.
BUT in the OP's case, 4x150s, sounds like an even sketchier idea. They couldn't be run in series because that's for splitting the voltage where here we would want to be sharing the current (of the ballast) at the same voltage.
Interesting thought experiment, I'll have to give it a (temporary) whirl on the bench and see.