-as I understand it, this whole thing about "red" light for flowering is rather misleading - in fact, where ganja is native, you just don't get "red" autumn light. - having said that, there is no doubt that you can flower under just an hps successfully - but the plants are being deprived of some of the "blue" end of the spectrum that they also need - potency is higher (but yield lower) under just a "blue" metal halide - as my friend the dragon says, ideally a mix of both for flowering is optimum (2 "red" and 1 "blue"). Many people make the mistake of buying the "agro"hps bulbs, which supposedly emit extra blue light - they really are a total waste of time, youre better off with the super son ts.
So, I'd reiterate the advice - go for the mix, ideally 2:1 red/blue, or one of each. Just to be awkward, howsabout 2x400hps, and one 400 halide? - (400 bulbs are not quite as efficient as the 600 watters, but it may afford better light distribution, making up for the slightly lower output!)
The main reason "red" light is avoided during vegging is that it may cause the plants to "stretch" more - not so worrying with indicas, but can be a problem with sativas
Whatever you choose to do, the best of luck, and as someone said most appositely the other day "welcome home!"