One thing to keep in mind is that a typical reef out in the wild gets its most light only 4-6 hours a day.
Depending where the reef is located, some reef can receive as much as 14 hours of lighting.
jauringer,
Either way you choose, it should work fine.
do think this may cause a problem.
I don't see any problem. I've done that method once while I was switching from the Radiums to the Ushio's, and I haven't had any problems. I do think that you could leave the new halide on for up to 3 hours and increase it 30 minutes every 2-3 days, due to the fact that the old halide was also 150wts.
Out of curiousity, how long is the tank, and where was the first (old) halide positioned in the tank? Was it in the middle of the tank?
Graham