Just saw this thread.
RRL is pretty much right. I have currently have two different lights in various stages of prototyping and testing. Both are 10w, 1000 Lumen LED's and use different style optics. They will be "generally" the same shape and style as Trail Techs. The key to LED's is all in the optics. Both lights will use a glass lens, rather than the garbage plastic that is currently on the market, so no hazing or fading of the lens. That has been the most difficult, costly, and time consuming part of this process. My LED's are the brightest available; Almost exactly 3x as bright as a 35w Halogen bulb (Stock Lights).
I was just in contact with an electronics manufacturer the week before my surgery about building me a driver to be used with AC current. It's not 100% yet, but it looks like it's something I'll be able to do cost effectively. My goal is to have these tested, and off to UL by mid January. Generally it takes UL about 3-4 weeks for their rating, then it's into production. My light bars took about 19 days for the UL rating.
They will not be "cheap", by any means, but they WILL be cheaper, brighter, and better looking than competitive lights. The LED world has been something I have been dabbling in for quite some time, and this is something that I felt was an absolute necessity in not only the Banshee world, but the ATV industry all together. With my lights only drawing 10 watts, and under .8 amps of power, you have the ability to run 7 of them SAFELY on the STOCK stator. That's 7000 lumens of visible light. For comparison, two stock lights put out roughly 700 lumens. 10x the light, for the same amount of power.
I'll keep everyone posted, but as for now, I am not going to be posting any pictures until all testing, UL ratings, etc have been completed.