In my opinion that is a great deal of lighting. Heat can be an issue with metal halide lighting but it is my understanding that a 55g tank shouldn't have much of a problem as long as you have fans running on the lights (or in the hood if you have one).
My only concern is that having those particular lights will give off very yellow lighting. Is that something you want? I hear that that kind of lighting gives great coral growth, I personally don't find it aesthetically pleasing. You could potentially cut down to 2x 250watt 6500 MH bulbs and add in some VHO or PC actinics to make the lights not
look as blue.
BTW, where do you plan on getting that stuff? Decent price? If so, please give me a ring at
vlondi@gmail.com
Thanks! Good luck with your lights.