Ok, lots of questions.
First, your tank should be alright for it least a week, perhaps two. You may want to up your water changes to 10% every 5 days until the new lights come in. There are dark, stormy days in the tropics you know!
Congrats on going with Halides. Good choice.
Magnetic vs electronic. There is some debate on this. Personally I feel that electronic is better. It puts out less heat and is a little quieter (magnetic buzzes a little).
I am not familiar with those brands you listed. Are those ballast brands or bulb brands? Some top ballast brands that I am famaliar with are IceCap, Hamilton and PFO. Bulb brands that I think are good are: Iwasaki, Giesemann Megachrome, Hamilton and Radium.
Bulbs need to be changed every year as a rule of thumb. If your tank does not have any high-light demanding corals (anemones, stony corals, etc) you can stretch that to 15 or 16 months. If you have lots of high light demanding critters, 10 months.
Dual 175 watt MH will actually use slightly less energy than your 220 pc.
10K bulbs with the actinics would work, I think 13,000K or 14,000K with the actinics would work better.
If you are putting these in your hood, be sure that there is plenty of ventilation. MH bulbs get very hot and will transfer this heat to your tank. Plus, when they stay very hot they don't last as long.
Be sure that the bulbs are it least 8 inches from the water surface as well.
Any more questions, I would be happy to help.
Good luck!