First of all, exactly which 65 gallon tank are you going to be getting? I have the 65 "tall" which is 36 x 18 x 24.
At the beginning, I had 2x 96W PC's which was plenty for softies, muchroom etc. I then upgrade to dual 175W with XM 15,000k bulbs. The dual 175W was NOT enough for me to keep any SPS unless it was very high up in the tank. Another thing you have to take into consideration is how high above the water level the fixture is. Mine were mounted to the canopy, so about 7" above the water. If you get a fixture, it will be around 4" off the water.
I eventually got tired of having to place all of my lighty-needy corals near the top of the tank and replaced the halides with 4x 39W T5's overdriven on an IceCap 660. The difference in coral growth and color was like day and night. I was able to keep SPS anywhere in the tank without a problem.
With that said, I wouldn't recommend anything less than dual 250W, even if it is the 17" deep version of the 65. It is MUCH easier to have too much light and just raise the fixture rather than having too little light and placing all of your coral at the top. I thought dual 175W would have been spectacular... boy was I wrong.
Aquamedic makes great fixtures. You won't be let down by that fixture.
Personally though, I would recommend T5's over metal halides for a 65 gallon, unless you just
really like the shimmer effect. I had trouble with the metal halides causing too much heat when I had my 65 set up. Even with the canopy open and a fan blowing, in the summer it got around 80-81 when I usually keep it 77-78.
Also, just because it is a hanging fixture doesn't mean it must be hung from the ceiling. It is easy to hang them over 2 shepard's hooks mounted to the back of the stand. That way there is no need to drill holes in the ceiling, and it is easy to adjust the height of the fixtures.
PS: My 65 gallon tank, canopy, and stand with sump is for sale
