Yes. I was talking specifically about flashlights.
That being said, we have some under counter LED strips in our kitchen that give the same color temperature as the LED’s they use in Jewelry stores now. They are absolutely awesome.
I understand that LEDs can give you the ability (or soon will) in home lighting to not only adjust brightness, but also color temperature.
That’s true of course - progress will continue to improve the light quality of LEDs. But so far all the LED flashlights I own or have seen don’t have a particularly great light quality. OK for general purpose use though!