the price for four Cree light bulb 65W equivalent is $70.... There has to be a less expensive set up for a small grow tent?
One important factor is that the Cree "lightbulbs" have a 10-year warranty honored by Home Depot. Walk into your local store and replace the bulb. You won't get that with CFLs or LED fixtures.
Another factor: The BR30 floodlight is $17 each. The A19 omnidirectional is $7. If you use the A19 omni but wish to direct the light you'll have to spend another $8 on an HD/Bayco clamp-on reflector. However, that $8 is a one-time expense. When the omni fails, simply screw a new one for $7 into the reflector you own. If you use the BR30 flood, the reflector is integrated and disposable with the bulb.
Therefore, the expense can be moderated by using A19s where appropriate. The BR30 flood is better in tight spaces. The A19 omni (with external reflector) is
much less expensive in the long run and provides the flexibility of running without the glass bulb (see the blog I linked to for
safety information before attempting this). But external reflectors use more space and take more creativity mounting/aiming.
Cost comparison:
Let's say you need 14 bulbs and can use a 50/50 mix of A19 omni and BR30 flood. That's $175 for 133 actual watts which will cover 5.9 sq. ft. (at 22.5w/sq ft.). To cover that much space with a Chinese import you'll need 35w/sq ft (207w actual). That's about $150 for a TopLED/MarsHydro (china) or Vipar (eBay). Their respective three- and one-year warranties will require some email interaction and waiting for replacement parts via mail. Probably some negotiated shipping costs in lieu of mailing the light back. You'll have to replace the light in 3 years, so you'll buy it 3 times in 10 years. You'll pay for 74 additional watts constantly (plus the costs of extracting that heat, and cooling your living area depending on the season.). And, you don't get the coverage of many sources of light from many angles.
In addition to the $175, you'll need to spend another $56 on 7 external reflectors (assuming you want to direct those A19 omnis). And, another $100-$200 on mounting/aiming parts. But, you own that equipment. It becomes a permanent addition to your growing capability. A one-time investment you can draw upon forever.
If you're looking for lower up-front costs, go with a Chinese import. If vertical space is a premium (if you'll need to keep the light close to the plants), buy fixtures with 3w chips mounted on white backboards for softer more diffuse light. Try to buy 2-3 smaller UFOs instead of a single 200w fixture. You could get into 2 TopLED "old model" (3w, mounted on white backboard) for $140. But, you'll have the longer-term expenses I described above. You won't have the benefit of "bathing" the plants from 14 sources.
Hope that helps. If there are other options I'd like to hear them. All I can think of is CFL, but you'll have to buy all the mounting/aiming hardware, reflectors, deal with more heat, have less penetration. If you already have some CFLs laying around, I could see using them. But, if the choice is between buying Cree LEDs or CFLs, I'd do the Cree for more penetration, Home Depot-honored warranty, slightly lower wattage consumption.
The trend with LED seems to be more powerful, reflected, single-source light. That's great for tall tents where you can maintain 18-24" distance. But, for smaller grows like you and the OP have described, you have to look for older fixtures. Or, do the newer, more modular (screw-in), household-oriented bulbs. There's not a lot of choices.