Oldspark,
despite appearances, my antagonism was purely facetious. Rather backfired. I was only hoping to goad a few here into weighing in but few seemed that interested.
Well I can't speak for others, but if you can build your unit cheaper than an off the shelf light (let alone 1/4 the cost), then you are way ahead of me. (Not that I can see any landfill with my solution - merely the addition of a dc-dc converter.)
I was not clear about the "1/4" cost part. Obviously LED lights from ebay on up to highly specialized flashlight/bicycle/motorcycle/automobile websites/vendors can range from two USD to many, many hundreds of dollars. In this case I was only referring unit costs, which even diy'ers are highly conscientious about.
For the option of choosing among a very wide range of SMDs, rectifiers and regulators from digikey, mouser, and others, I can design something that is 90 percent suitable to my application and learn a great deal along the way. And no doubt spend more time and money doing so than simply buying and off the shelf unit.
I'm most fond of DIY options to needs in somewhat the same manner as one anticipating the travel more than the destination.
Most inveterate DIY'ers, having sufficient experience with the (un?)discipline, learned long ago that the time, tools, costly mistakes, almost always bring the costs in well above the off the shelf solution. And that with even no sure promise of greater success with your own attempt in the end.
Analogies are countless. Why do so many fish and hunt when the cost of prepared meats in the grocery is infinitely less than the cost of guns, fuel, boats, spending holiday hrs from your job, etc, etc?
And there are many dozens of forums expressly populated by doityourselfers. Again, most genuine DIY'ing on the web is rarely motivated by saving money on the overall project as opposed to walking into bestbuy and simply taking the box home. There is a very active community of diy'ers who look upon saving money as a prime motivation as building "Jerry-Built" crap. Duct tape and baling wire done lazily, hastily, and destined for failure.
Yes, I did propose in the fist post that I anticipated adopting an off the shelf bicycle light to the cycle. That's already half way toward diy'ing rather than purchasing a 300 dollar package that is plug and play for many of these motorsports needs. The motorcycle forums, like advrider.com can point me to many of them.
In the subsequent couple of posts as I started to learn more from the net regarding color temp options (generally not available in most singular off the shelf units), rapid new LED development, and as I began to get a bit fascinated with the new technology generally, I started getting more interested in some experimentation with mouser and digikey.
I came here misapprehending, it seems, the focus of this forum and I'm sorry for that and coming across as I did.
Thanks Oldspark for the ideas you passed on, but I'll let this rest here and continue on with two threads on other forums more specific to lighting, where the direction of my topic has met with more interest.
What is an SME:) Probably embarrassingly obvious, but I looked the net over and didn't find the acronym.