I’m just barely beginning my adventure with commercial LED lighting. OTOH I have worked with smaller LED indicators in electronics for 30-40 years now, so I’m not at all unfamiliar with their evolution.
LED lamps are pretty darned pricey. I did spy some discontinued ones in my local Walmart, and I bought a couple of them. Made by “Lights of America” (in China, of course). Designed for 12VAC power in track lighting or landscape lighting. These are model 2001LEDG53-65K and I paid 5.87 each for them. A pretty good price for an LED lamp, I’m thinking. A lot of what I saw in stock recently had price points of around 12 bucks, 25 bucks, and on up to 40+ bucks for floodlight replacement units. Yikes! I think I’ll stick with incandescents for floodlights. They are much cheaper, and last for years, normally. Yes, they use more power. But I don’t think they have a really reliable LED product yet.
BTW check packaging carefully. If it is tamperable, chances are some dishonest clown is going to be doing swapouts occasionally, at the stores expense. This was the case with one of several units I purchased. The plastic clamshell package has little ‘pegs’ which are easily and undetectably reclosable. I have a sharp eye, but this one fooled me at the store. Got it home and, under test, about 5 out of 20 of the clear plastic T1-3/4 size individual LED’s were clearly nearing end of life. They were noticeably dimmer, and their color had migrated off from white to clearly a more yellowish hue. You are only safe from this scam if the packaging features ‘destructive only’ style opening. In retrospect, I *might* have detected a small portion of the bozo’s fingerprint burned into the lens of that lamp. Maybe. 
I am intrigued with these little 20-LED lamps, just the same. They only draw about a watt at 12VAC. I plan to build one or two battery operated ‘trouble lights’ for general purpose use around the homestead. And of course I have to incorporate a DC-AC converter to get the 12VAC needed to run them. I’ll also build in a 120 to 12V transformer to allow power line operation and charging of the battery.
Bear in mind that pretty much every kind of LED lamp uses digital switching technology to convert whatever supply voltage to the correct one needed by the individual LED(s). Digital switchers are notorious RFI generators, so if you happen to like to listen to AM radio or you are a Ham or CB radio type, these little wonders may prove to be a major RFI nuisance. To most folks, this is of no consequence, but to radiomen, it really matters.