It's all I have ever used for a couple of reasons:
1) Canopy on new tank would not allow for Halides
2) Heat from halides, unless suspended, may crack an acrylic tank.
Now my tank sits in my living room and it is the center piece in that room and the last thing I wanted to do is either have to have a custom hood built and possibly have to listen to fans or suspend them above the tank....
So I went with T5's and am glad I did, IMO they run cooler, will keep SPS's just as well as Halides, less electricity useage and the only thing you loose is the shimmer lines which didn't matter to me.