I don't know about reefburnaby, but he did check in about a year ago and said the setup was going fine.
I've been using a 2xODNO setup for over 2 years now and am actually still using the same bulbs (it is a planted tank, not a reef - less demanding of color spectrum).
Is it perfectly safe? Nope. But it has been used safely for quite some time now.
55w Power Compact bulbs are essentially overdriven T5 bulbs, bent in half. Judging by the temperatures that they operate at, (as show in a1's post above) the risk with ODNO is relatively low.
The biggest concerns, with me, would be:
A) Wrong Ballast
B) Incorrect Wiring