If you can afford the LED's recommended by Tshirt, that's definitely the best way to go due to the heat issues you will face. As Automan says, closets present serious heat challenges and if you overlook them, you'll probably sacrifice your whole grow.
That being said... I have been growing in an almost identical situation. I can't/couldn't afford the initial expense of the Blackstar so I have a 400w HPS. To deal with the heat, I place a 12" oscillating fan on the floor that blows cool air from the closet doorway, toward the pots/bags to keep the roots as cool as possible. I have a 16" pedestal fan that I have blowing the air in between the canopy and the reflector, and a 5000 cfm floor fan, mounted on the top shelf of my closet, blowing out the door for exhaust. This keeps my temps about 10 degrees above ambient temps.
It is a far less than desirable set-up and, thank God, I was just able to create a better situation for myself. But, if a closet is all you have, it can be made to work.
P.S. Just because I have a 400w HPS doesn't mean you need one. If you only plan to flower two plants at a time, you can easily get by with a 250w HPS... or maybe even the 150w. One thing I would consider if I were flowering two plants at a time is a 105w cfl per plant. That would give you enough light and you could adjust the height of the fixtures independently.
Here's a link for higher wattage cfl's:
http://www.1000bulbs.com/category/500-watt-equal-cfl-compact-fluorescents/