Well on the amount of light emitted by the bulbs, there is I would suspect very little difference between 2 65's and 4 * 40. The difference will fall to the reflector technologies, and how much light they can direct down to the tank. This is where T5's kill other fluorescent tubes- with theor narrow profile it is possible to produce a reflector that is terribly efficient, especially comapred to PC. Other reflectors reflect light back into the tube. Of courese that means you need to reflect with a decent reflector (read Tek light, or for me deltec, aqua medic et al. Not corallife, sharing one reflector, you need individual gullwing reflectors)
In this case there is also the small q of 2 *65 versus 4 *40 watt being a bit mreo of a point source, less dispersed, a bit more controllable.
But as a consolation I am growning SPS under 4*40 so it can certainly work over shallow tank. But for a 55 (12 inches wide, 18 water depth) it might be tricky to get the reflectors right to get best vfm