Setting up some street lighting or growing weed?
LED may cost more day one, but is cheaper to operate over time. What do you get 10,000 hours from a bulb? How often do you need to replace a balast? ( i don't know) And, on top of that you spend 150% more watts for the same PPFD.
CMH/HPS is street lighting and not a grow light.
A reflector is important for a bulb because 50% of produced light is going the wrong fucking way, lol. You don't want a mirror-like reflector. The one that spreads light out is superior.
Don't buy either. Buy a high-efficacly LED. Might need 200w for that tent. More watts needed for the cheaper LED options but still less than the cmh. A high end LED will last 7-10 years. a cheap one will last 5. It's a simple break-even analysis to see when the LED gets cheaper over time despite a slightly higher up-front cost.