You may get algae issues you may not. Just consider the word 'balance' is often used. This is often misinterpretaed.
Think of it like CO2. If you tinker with the CO2 too much it becomes unstable. The plants have to keep adapting their rubisco levels for the differing amounts and while they do that they utilise energy they should be using for growing properly. Algae steps in. Once you stop tinkering and the levels become stable again the plants start to fight off the algae.
So now think the same with the lights. You have 3 year old tubes on an electronic ballast. They are probably still giving out 90%. Therefore replacing the tube to a 100% is not a huge amount more.
Say they were on a magnetic ballast and are running after 3 years at 40%. You replace them and instantly you've more than doubled the light.
The plants that had gotten used to lowish light are now being pushed 2.5x faster than they were.
Whether this is in a non CO2 tank or CO2 tank this is a huge difference and not only will the plants have to adjust to the light. they may have to adapt to there now being a lot less CO2 available.
Now just because the electronic ballast statement above for 3 years says 90% doesn't mean it's a steady line.
Whilst studies say that good tubes (doesn't mean aquarium tubes) on an electronic ballast on average are still emitting 95% of their 'stated' manufacturers output after 40% of their life it doesn't study how quickly it drops off after that. Not many people are interested in this info other then us. Offices and warehouses do just as the guys above suggest. they run the tube till it stops. How low do you think a tube iis just before it stops no matter what ballast it is running on!!!
I dare say if a good tube has a stated life of 36000 hours then the reality is it won't really last that long. Maybe if it were to be left on for 36000 hours continuously however turning on and turning off of anything is likely to decrease its life so I say 20,000 as a conservative estimate.
Therefore if after 40% (8000 hours) it is 95%, that means in the remaining 60% of life it will lose the remaining 95% before failing.
So being very crude, untested and just making very guesstimated inaccurate judgements we can say that a tube will last about 8 years and be as a percentage as follows (I would guess the tube will just stop when it gets to 30% rather than going down further before failing)
Year 1-3 8760 hours =95%
Year 4 11680 hours = 90%
Year 5 146000 hours = 82%
Year 6 17520 hours = 71%
Year 7 20440 hours = 55%
Year 8 23360 hours = 30%
Year 9 = Fffffff - Off
So this is why you don't just run them until they burn out. We are using light to grow. Not light to see. If it is just about seeing then we can just leave them. As long as they are giving out light we can see. However if we want to grow and maintain things at a balance then we try and keep things at a relative constant
On a much higher scale than us imagine what would happen to a reefer who followed the 'run till they burn out' with corals in their tank. If for example the figures above were accurate they would be crying about how their one uber-succesful corals were now dying.
Andy