Now, now, let's not turn this into one of "those" threads... True, the number of posts is no real indicator of someones experience. Also, this is not really such a simple topic. Here's my opinion on MH and HPS:
I personally believe that HPS works just as good for vegging as a MH or even better. I believe this because if you take a look at a normal MH spectrum (
http://www.progressivegardens.com/growers_guide/EYE_MH_conversion_graph.gif), you will notice that it contains alot of green light, which is useless to plants. On the other hand it contains a large amount of blue. Plants are not as responsive to blue as they are to yellow and red. Blue light is only used as a guide for the plant for it to grow towards the light (in nature, plants guide themselves by means of the blue sky...). So practically, the blue spectrum will only add to the plant's height and vertical growth, not to it's bud production.
If you take a look at a HPS spectrum (
http://www.progressivegardens.com/growers_guide/EYE_HPS_conversion_graph.gif) you will notice alot more yellow and red, the most useful types of light for a plant, and less green and blue... Practically, a higher percentage of light can be absorbed and used towards bud production from a HPS than a MH.
From my personal experience, MH will make a plant strech more towards the bulb, HPS keeing it bushy and compact. MH will not produce large buds, but will assure greater bud space due to the streching. HPS will make buds large, maybe not as compact, but will not assure greater bud sites.
SO I swutched to horticultural HPS... these are bulbs with added blue spectrum. I noticed that plants grow as high as with a MH, providing more bud sites than with a regular HPS, but will produce better flowers than with an MH...
All of this is of course just my experience...