25 incandescents = 2.5 CFLs = 1 LEDs - why are people only talking about how great that is? Where the evaluation of the impact on cost-of-failure (25 times higher for LEDs).
To make an informed decision, cost of failure needs to be part of the equation. What the probability blubs are dead-on-arrival? what's the probability they stop functioning optimally/at all after 500 hours? 1.000 hours? 5.000? 10.000?
Without knowing the answers to the above questions (which has huge impacts on the final cost of the product in the life cycle of the product), the attractiveness of LEDs cannot be correctly I assessed. AND, unless LEDs are 99.9999% reliable, LEDs are still an unattractive option financially, unless you get product-lifetime guarantees with free replacements with your purchase. Environmentally they seem like a good option (dependent on reliability vs. alternatives)