I know that the light output from the LED bulbs aren't all that great BUT.... They consume less than a Watt. I'm more interested in accent lighting than I am in illumination. For that purpose LEDs can't be beat. I'm not interested in reading a book outside so the light output is adequate. I have a parking lot light I inherited from a neighbor doing construction. I use that one when we want to illuminate for parties & such.

Thanks for the input mdwyer. I'll have to check on the efficiency numbers you posted though (I'm pretty sure LEDs are more efficient than that).