The optics also have a lot to do with them. They're making them more versatile to be mounted at varying heights.
They're available in 1x4, 1x8, 2x4 and many other popular configurations, and work well in a grid type suspended ceiling (like you'd see in an office building) I've installed them in food manufacturing facilities that need a ceiling, and they're a lot simpler than food grade hi-bays (and lighter too). They can also be hung with jack chain, aircraft cable, or fastened to the structure with a beam clamp and hook.
Right now, they're still spendy. Probably twice the price of a comparable high bay (or low bay) fixture.
http://www.prolighting.com/fixtures-high-low-bay-high-bays.html
Here's an online store that has several different types of fixtures for sale (pricing is
way high on high bays, I budget them for half that pretty often)
I just got off the phone with one of my suppliers, he said for a budget, a small quantity of 2x4 T5HO's that $150-160 each is a good #.
Another big benefit of the T5 lamps is color. Metal halide is a bluish color, High Pressure Sodium is yellow, Mercury Vapor is green, and the t5's are white, very white.
For most hobbyists, it'd take you years to recover the savings from going to high bay or T5 lighting cost. A quality T8 fluorescent installed correctly can provide years of inexpensive and reliable service.
It's all up to you. How much zoot do you want, and how much are you willing to spend?

<---- this didn't apply, I just think it's funny.