Cooling is as important as the light. I assume you are in the US, so you are going into winter, much easier time to set up, gets tough when its over 90 outside.
In my opinion over 6' is best, but if you are building it out anyhow it doesn't cost anymore to go 8' in most cases, as everything comes in 8' lengths. If you are building it out i would highly recommend using OSB for the walls instead of drywall, much more resistant to spills etc, plus you can hang anything you want anywhere you want with no issue. Its only a few bucks more a sheet and everytime you add something it will pay for itself. Remember to build a proper grow room you need to be a jack of all trades and be able to fix, plumb, wire and plan everything in the entire room, preferably house, as a service call can be very bad any where in the house. I can answer any question about basically anything on the grow room side, feel free to ask me anything.
As far as hood, this is a very very personal choice, there is a reason there is soo many different hoods out there, everyone has their own opinion. I personally am a huge fan of the Hydrofarm Radiant series of hoods, available in air cooled (6" or 8"and not.) They have a very concentrated light pattern, they don't try to light an 8x8 area, they are more directed for a 4x4 to 5x5 area. Cool tubes are great for cooling, however the reflector is lacking. I have heard of people taking a cool tube and adding an adjuatable a wing reflector. Big $$$ to do this (probably over $300 in most cases for this hood) but then you get a completely adjustable hood to fit your area exactly, plus its cooled.
As far as fans, they are hugely expensive for anything decent, duct booster fans are basically useless, and for a hp or mh they are worthless. I use harbor freight fans, kinda loud but a little bit of insulated ducting dramatically reduces this. I will get you a link if you need it, they are about a 1/3 the price of a comparably sized fan, they are a little low on pressure, but still suck through a carbon filter just fine.