Home lighting systems........L.E.D is the future......

In the foreseeable future our home would be lit with L.E.D lighting systems, can't believe it??
Leading appliances manufacturer & leader in Lighting System Phillips has already developed wide range High Intensity LED based LAMPS also called as Phillips LumiLEDS which can be used for ambiant lighting.
is a solid-state lamp that uses light-emitting diodes (LEDs) as the source oflight. Since the light output of individual light-emitting diodes is small compared to incandescent and compact fluorescent lamps, multiple diodes are used together. LED lamps can be made interchangeable with other types. Most LED lamps must also include internal circuits to operate from standard AC voltage. LED lamps offer long life and high efficiency, but initial costs are higher than that of fluorescent lamps.
An LED light bulb can be expected to last 25–30 years under normal use. LED bulbs will not dim over time and they are mercury free, unlike the compact fluorescent bulbs. Recent research has made bulbs available with a variety of color characteristics, much like the incandescent bulb. With the savings in energy and maintenance costs, these bulbs can be attractive. It is expected that with additional development and growing popularity, the cost of these bulbs will eventually decline.The only disadvantage at present is the cost of manufacturing(& which is necessary for mass commercialization) which is higher than the current technology.
But it is expected that the cost of manufacturing would go down with better advancement in LED technology & with growing competition.We may have LED's lighting up our homes sooner than expected.