My opinion is that LEP lights are going to be brighter than anything LED very soon. Right now they’re on basically the first generation of LEP chips, but in a couple of years when engineers figure out the spot/flood distribution for LEP lenses combined with the natural efficiency and brightness gains that come with maturing light technologies…
Now, we just need to make it a rule that all flashlights need potting so they can survive being used in the real world.