i have 2 400watt hps high bays and they work, but the reflector that comes with it(alum.) is ineffective and ballast and light get very hot when they have been on for a while, i planned on using both in my room 4x6x7. but even with a exhaust fan i could only run one with the temps in high 80's . i just finished my first grow with this, 4 girls 5 gal pots i only got 80g dried, i was planning on making it a remote ballast like some of you were talking about but i dont trust anyone but a electrician with wiring, i dont need any fires or shorts to deal with. for less than $100 hell its worth it but if im gunna take the risk to grow, im gunna atleast do it right, so i ordered a 600 watt hps with a a/c euro hood and digital ballast + free hangers for around $300 from htg <--hell of a deal. But you gotta take the pros and cons in on everything
pros of a highbay-
1.cheap you cannot beat the price for a hps light
2.MH or HPS
3. you can possibly convert the into a normal remote ballast set-up
cons of a highbay-
1. heat
2. a loss of 2-3 feet of grow space w/ reflector
3. the zing noise of the magnetic ballast
anyway this is just my 2cents you can make your own decision..thanks