If you decide to go with LEDs; go with a proven LEDs that has been in the industry for awhile, like the Bridgelux or Cree.
You get for what you pay for. Yes there are cheaper LED out there; but same as any other type of bulb out there, there are several thing you might look at. Here are some; warranty, color unity, wavelength, longivity, percentage loss over time, and most of all; does it work and has it been proven. Spend a little now and save later down the road.(clap)