“Right now, an LED light with the power to replace a 100-watt bulb is ~$20 or so, but with the economies of scale, the Chinese will be producing them for LESS than compact fluorescent bulbs. Individually, one LED emits a singularly bright monochrome light, but in arrays, they provide a much more efficient light source, consuming about 3-5% of the power needed for a similar amount of light from an incandescent bulb, and less than a quarter of the power needed for a compact fluorescent bulb.”
I too am looking forward to the evolution of LED lighting. Hopefully they can do something about that bluish tint they give off.
Here’s what they’re doing to solve the problem.
http://www.physlink.com/News/071403QuantumDotLED.cfm