While visiting some friends this weekend in California, I realized how much we need more light in our home. I simply don’t have time or money to install a Sun-Tek Tube Skylight, but I am thinking some recessed LED canister lights might be a good winter project.
CFL’s stick out fairly far, so you need a deep canister to keep them unobtrusive. We have them at work, which is great on the eco-conscious. LED’s however, are more compact and are slowly becoming affordable enough to consider. LEDwaves.com appears to have a few great choices for both replacing the bulbs in your canister or for complete recessed canister replacements.
This high 9 watt high power LED Recess Light mounts flush in whatever project you choose. At 9 watts, this LED light puts out the same amount of light as a 70 watt incandescent, with a fraction of the energy consumption.

The PAR-30 LED Light Bulb 14-Watt bulb (first photo) fits into most standard light receptacles. It emits 810 lumens (Neutral white) and lasting for up to 50,000 hours. At $108, it's still out of my price range but as prices continue to drop, that may change in the near future.
See Ledwaves for more styles, colors and options.
Thanks for that link!
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We bought and are in the process of installing LR6 LED lights for our kitchen remodel. Although they aren't fully wired yet, I'm really excited to see how they turn out. The research we did on it indicates that you need less of them than you do CFL's, so you might be able to splurge on a couple and then supplement with smaller ones or CFL's, depending on where you go.
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