I would suggest MH. I looked very hard into T5 lighting and I ended up finding a used MH lighting system for cheaper than new T5 lighting. Look around and you should find some deals.
Let me tie your undies in a knot a little bit and suggest T5HO lighting :).
As you can see everyone has their own preferred setup, I would suggest (with Lyscer) that you look around, read up and make a choice about what goes best with your ideas about cost, looks etc. Also, I think this subject has been discussed before where everyone gave their experiences and opinions on lighting strategies.
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