As far as I know it's Seoul P4 Emitter:
http://www.lupine-lights.com/phpBB/viewtopic.php?t...
http://www.led-tech.de/de/High-Power-LEDs/-3.5W-Se...
I was afraid of the led color and I had to test run the lamp first to see what the color is like. It wasn't that blue, it was really white. I have tried with some low intensity Petzl leds head lamps, I can't see much with the blue light I got from those. This was different. Bit it's difficult so say will it stay that whit or will it turn blue after 200 hours or something. You can change led emitters and lenses without buying new lamp, like you can upgrade the old 420 lumen wilma X to 750 lumens.
The HID dimming may be Lupine Edison issue, not general one. And maybe it's not the bulb, it can be the reflector. If you run it hot for long times, it is not any wonder the reflector turns a bit dark. Lupines HID reflector is quite small and close to the bulb.
LED's advantage is possibility to use big variety of low intensities to get good light for other purposes than running (and to get some extra hours of dim light if you ran out of battery). And reliability, if you turn accidently turn it off you don't need to wait 10 sec to turn it on again like you have to do with HID. HID's advantages over LED has been the high intensity, color of the light and beam shape. Those advantages are not that big any longer, you need about 20W HID to really get more light, and color isn't that big issue any more either. With good reflector you still get better beam shape than with led lenses, but this LED's beam isn't that bad - the very center could be brighter for spotting and tehre could be more light in very edges (over 80 degrees angle).
I have heard rumours Lupine is seriously considering to discontinue soon making those HID lights (Edison series), that should tell something.
I guess Eric uses Light&Motion HID. I this LED should be about 25% brigher that that. I can run this with 75% (12W) and get about the same amount of light.
Anyway, if it's possible get your hands on the lamp first, compare the beam with a 20W halogen before you buy one. I have been sick for two weeks now, I haven't been able to test run it properly. I'll make my first O with the lamp tomorrow.