Regarding the 8-foot fixture, those green and yellow Universal ballasts tend to be pretty good, but since yours is high power factor and doesn't say "No PCBs" it's safe to assume it has a PCB-containing capacitor inside. I would just install a new pair of lamps and leave it alone, but if you'd be more comfortable getting rid of it, then that's what you should do.
Replacing the whole thing with LED is an option, but you can also just replace the ballast for not much money.
This ballast would work if you wanted to use F96T12 lamps (which I assume is what you have), or for a little extra energy savings, you could use F96T8 lamps with
this ballast. Both the T12 and T8 lamps should fit in your fixture with no changes needed other than the ballast. One thing to keep in mind, though, is that the electronic ballasts I linked to don't wire up the same way as the old magnetic ballast.