There's a good reason people are looking so hard at LEDs rather than CFLs; LEDs are simply better technology. The best LEDs have much higher luminous efficacy than any fluorescent. For example, Cree is selling LED fixtures that put out around 125 lumen/watt vs. just under 100 lumen/watt for the best fluorescent lights. It's actually more lopsided than that sounds, because the LED figure includes all the losses, while the fluorescent is for light coming out of the tube, not the entire device, and it ignores the power consumption from the ballast.
LEDs also have a lot more potential because of their form factor and light distribution pattern. Individual LEDs are tiny so it's possible to use them in places that would be too small to put a similarly powerful incandescent or fluorescent light. They are also moderately directional, which is great when you want directional light (e.g. recessed or ceiling mounted lights) and can be worked around by using arrays shining in all directions when you want non-directional light. LEDs are really going to take off when they're used in purpose-designed fixtures that take full advantage of their unique characteristics rather than being made into awkward designs intended to be direct replacement for incandescent bulbs.