efficacy is directly proportional to watts saved -- as long as you are applying same umol/s of photons to the plants -- you may want more than you were giving, if upgrading and not quite reaching max DLI...
hps are something like 1,8 umol/J efficacy. wow, says 'new' ts3000 is 2,7 umol/J, which i find a bit hard to believe, but maybe true. it's got bridgelux chips. i'm gonna call bullshit on this one. They tend to fib a bit on the cheaper models. The price is good though. I'd wager it's closer to 2,3 to 2,5 efficacy range. if you want to dig into that, read up on the bridgelux chip and compare to lm301.. i highly doubt running it at nearly ,5 watts per diode is what bridgelux tested those diodes at, unless they are "1w chips."
So it'd poduce at least 40% more photons per watt than your 600w HID (,7 / 1,8) based on efficacy difference, give or take. It will last longer (not 50-60k hours if i am right about efficacy fib, above) -- i used 2,5 umol/J for the ts3000. 2,5 - 1,8 = ,7
it would be an improvement. it will reduce heat in garden. it should last at least 4-5 years of heavy use and even longer if not year round use.
what you get if you spend a bit more -- better samsung lm301 diodes, little better efficacy - a true 2,8 ish range - which would reduce heat further. longevity will definitely reach 50-60k hours if run at samsung com spec sheet parameters (longevity is usually the point at which it is 90% as bright as day 1 = 50,000 hours or more). You get what is advertised in this regard when the diodes are powered as the original manufacturer tested them.
FC4800 (480w) is an option. you may not need to run it at 100%, though. You only need 380-400watts, if you were hitting 'max DLI' with you HID light. (google daily light integral - best apples to apples comparison of how much light you give a garden). You may find you can give more. FC4800 can cover 4x4 area for photoperiods on a 12/12 schedule. for autoflowers, it can cover 150% more on a 18/6 schedule. hours of use are just as important to DLI as power and area of coverage ( 12 -> 18h - 150% more DLI at same power/distance/area, so it can cover 150% more area and still provide same DLI as before with 18 vs 12 hours - proportional).
35-40 DLI is your goal with ambient co2. 50-60dli is goal with 1300ppm co2 and tightly controled temp/rh.
you may find you can give more and therfore need more than the direct conversion from your 600w HID to an led equivalent. in that case the FC4800 is clear choice.
If running autoflowers, exclusively, FC3000 (300w) is an option in a 4x4 area, and will still do a decent job with 12/12 photoperiods, but better in smaller area. The fc series are a higher quality light. they'll last 7-10 years of heavy use. produce less heat. reach advertised longevity and efficacy.