There was an article in the last week or two stating that Phillips has achieved some breakthrough in LED lights (200 lumens per watt). It said this change would allow them to compete with fluorescents in office places for efficiency. So big changes in LED technology and pricing will continue. The only reasonabably priced (and that is a realtive term!) LED's I saw were under 1000 lumens I think, and were around $10. They were 60 watt bulb replacements.