I may be confused with the above post; so if I am, I apologize if this comes off too bluntly... Definitely not my intent. Please educate me if I'm wrong.
That said...
I measure my PAR when I add new T5 bulbs, and I change them out at the 7-9 month mark. PAR drops drastically after that... I've recorded 20% drops in a year (all bulbs overdriven). I'm not sure where you're getting "several years" from, APynkel. I've searched online for research/data on that, but can't find nothing.
Most Europeans that run T5's (no one runs T5's better than our EU brethren) start noticing a drop in coloration at around 8 months. That's a good rule of thumb, on when to change your T5's (if you're overdriving them). 10-12 months if not overdriving, but I still change them out, then.
The problem with waiting longer to change: if you lose 20% or more of your PAR values, when you change your bulbs out, you'll cook your corals. Even when I change my bulbs after 7 months, I only change one bulb at a time. With my MH's, I change one bulb at a time, and I raise the fixture a little. I write my PAR values to try and match what I had the first time. That, or I measure how far up my fixture/light/pendant is off the water to get a baseline. I'm very careful with light exposure values to the corals.
This is why I always have a PAR meter. I've learned too many expensive lessons in the past. T5's will never last several years, other than just "put off light." PAR is what is important. Well, mainly to SPS/Clam/Nem lovers like myself.
I'm running an 8 bulb ATI setup w/LED supplements, a 6 bulb ATI setup w/LED supplements, a Hamilton 400w SE MH w/Galaxy ballast, and a Advanced/Odyssea fixture, for what it's worth. Only one I'm not running anymore is LEDs and that's just my personal preferences. LED's are much better today than they were yesterday, but I'm studying D2mini's thread on R2R to ensure he gets the kind of growth I'm used-to seeing before biting the bullet again.
(pardon the digression)
So, please... if you do have some information on T5's lasting longer than a year, please post it up. I'd really be interested in recreating the experimentation that was done to perfect their methods. These bulbs ain't getting any cheaper!