Just doing some research on the benefits of LEDs, I know they give out hardly any heat (great for pins), use way less power (great for pins), but didnt know how much less power.
LEDs are highly efficient. In traffic signal lights, a strong market for LEDs, a red traffic signal head that contains 196 LEDs draws 10W versus its incandescent counterpart that draws 150W. Various estimates of potential energy savings range from 82% to 93%.
So it seems LEDs are the way to go, and said to last 55000 hours or more (you wont need to place them then lol).