Thanks to everyone for all the replies I think I will go with T5's and supplement with LED's in the future. For a 48L x 24D x 12H is a 48" 4 Bulb T5 HO enough coverage? Going to outfit with ATI Bulbs 2 Blue+ and 2 Coral+. I will be hanging the fixture 12" over water line. Can the T5's be run for a 8-10 Hours per day? Looking into a fixture that doesn't have dimming capabilities. Not sure what the average user runs T5's per day.
I would do a 36" fixture over a 48" tank. Seems logical that you'd want to match the length of the tank but it's actually not necessary and can look a little wonky.
Why am I recommending this? I received my 48" fixture to supplement the LEDs on my 4' tank last night and I'm sending it back because it's way too big.