My first post in the forums so go easy on me! Being an electrical engineer for 30+ years and growing up being taught to do it myself, I will add my experience.
I too have several 8' fluorescents in my shop and numerous 4' ones in the house. About a year ago I had ballast going on in the 2 4' fixtures in my kitchen and finding out it was going to cost close to $100 for ballast and bulbs, I looked at an alternate route we have started using in industrial areas, LED. There are several companies who make LED replacements for fluorescent tubes, I chose to get mine through Amazon from a company called LED-Wholesalers out of California. a set of 4 bulbs are about $120 so not much different from the new bulb / ballast cost.
To install the LED replacements, you remove the ballast and connect the two power legs (L-N) to one of the bulb holders for each of the lamps and button things back up. That's it, nothing else to do.
The first time I turned these things on, I was hooked! The light output for the kitchen was double what the fluorescents were and it was a much whiter light, making it easier to see what you're doing! I also checked the current usage before and after. With 2 of the 4' fluorescents on one switch, current draw was 4+ amps. With the LEDs, less than 1 amp. Not to mention they generate NO heat at all and should last a lot longer.
All that said, that's what I plan to do in my shop. Replace the 8' fixtures with 2 4' ones and use LED bulbs in them. Many times, if you're patient, the 4' fixtures can be found with no guts in them for little to no cost.
Just my .02 worth... Maybe it will offer ideas to someone...