Compact fluorescent arrays were in abundance at PMA this year, but they don't put out a lot of light. I see them mainly as lighting for digital, because they put out soft light, are easy to use, and small sensor digital doesn't require a very small f:stop.
Sanders McNew uses a homemade panel that produces light a lot like a strip light.
Whether this will work for you depends on what f:stop you need, whether your subjects move, whether you shoot color, and how versatile a system you want. It's fairly easy to change reflectors or diffusers with a studio strobe system. It's not so easy with a homemade CF array. There are 5000K CF bulbs if you shoot color, but then it gets more expensive.
A good pack system should have adjustable modeling lights to give you a good sense of what the light will look like, but you should also meter to see what the real lighting ratio is, since the light will look different to the film than it does to the eye.
Try strapping that Metz to a stand with an umbrella bracket and setting up your Photoflood right next to it (maybe with a smaller bulb, so you can leave it on during the exposure--you want at least 4 stops between the modeling light and the strobe to avoid interference) with a small reflector aimed in the same direction as your strobe as a modeling light. If you've got them in hand, you might as well experiment.