^^^ Sounds excellent.
Sorry, I should have asked this last night. Is noise an issue? Could you mount the fan remotely in an attic maybe? Some of these inlines sound like jet engines. If this is your bedroom closet it could be absolutely obnoxious if you're trying to sleep while the lights are on. In this case you might want to consider just keeping the bulb at 75% until you have enough funds for a
Panasonic Whisper Ceiling ($140 before shipping, there are other models with varying cfm's in the lineup) or something. Maybe you could put the $50 towards LED's? I built a 50W LED light for right around $50 (I had a power cord and wall wart lying around just gathering dust that I was able to use; maybe an old router, or something?) and it doesn't add much heat to my tent.
I'm guessing PC fans don't move enough air to cool a 400W MH bulb, but maybe I'm wrong? It actually sounds silly to me to even consider PC fans, but I'll cover my bases in case that guy exists. I'd suggest looking around the HID section of the forum for ideas, or maybe even repost this thread over there where you can get people more experienced with HID lighting/cooling.
Edit - Just read good things about these:
http://www.hvacquick.com/products/residential/Bathroom-Ventilation/Remote-Fans-for-Bath/SP-TD-Series-Inline-Fans