As GrowinDad pointed out, the thing most likely to suffer will be the yield. Depending on # of plants, plant height and canopy spread: lower growth may die back and the buds on the bottom of the plant wont develop as much. If your solution is to keep it at 400, and the plants are tall (over 2-3 ft) you might consider trimming the lower most branches. The light from a 400 watt lamp doesn't penetrate as well as a 600 watt lamp.
A 400 watt lamp also gives off less lumen/watt than a 600 watt lamp, so less luminous efficacy although this isn't going to cause any tangible issues.
Some bulbs certainly can be expensive, and mutliplied by the # of lights you are running. I don't go for the Hortilux either, but I also don't buy the cheapest bulbs on the market. If I can afford it, I buy the Ushio Hi-Lux HPS lamps. I'll use that along with a slightly cheaper halide in bloom (together they provide a fuller spectrum).
The thing with these HID lamps is, while they all get pretty damn hot they don't all put out the same amount of lumens (or plant usable lumens) and they don't age the same. As HID lamps age (from use) they put out less usable light, but continue to give off a great deal of heat. You could check this with a light meter.
You didn't mention having an air-cooled reflector did you? If you don't, this is something I would consider, along with a decent high output inline duct fan. Also, aside from getting your ducting as short as possible, remove any unnecessary turns/bends in the ducting, and make sure you have the exhaust fan as close to the exhaust/end of the ducting as possible. Fundamental rule is, it is easier to pull air than to push it... same goes for water and string (try to push a piece of string).