Mate, I've always said whatever works, works.
There is the equivalent of 4x QB288 boards spread pretty evenly over about twice the area of a HLG-550 in my set-up (running at a similar wattage), so I'm guessing the coverage is pretty even and appears to benefit from being mounted closer to the canopy. There shouldn't be as many hot and cold spots as the boards, nor should the light bleed off as much towards the edges - especially as it's being reflected back in by the walls of the tent.
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The frame pretty much fills the 4'x2' space. So if anything, I think I would benefit more from dimming the drivers and leaving the frames where they are than raising them with the same power - assuming there is too much light in there to begin with.
I don't have a PAR meter, so have no idea. But the plants - so far - are pretty good.
Remember also that only the tallest buds are 6" or so away from the LEDs - most of the other buds are a good 12" or more away. The closer I can get to the top buds without burning or bleaching them, the more the lower buds will benefit. That is, looking at the canopy as a whole, and not just the highest points.
Now, as this is my first horizontal grow for, like, ever (well over 15 years!), I'm hoping to get things dialled in as I progress. That could mean running a net and trimming the plants a bit more to get a more even canopy height.
Right now it's not too bad, but as we all know, everything can be improved with time and experience.