This is great news. Hopefully this will bring the prices of LED lightbulbs down. There is no doubt in my mind that LEDs will replace incandescent and CFLs. CFLs have mercury and incandescent generate a lot of heat and, if you live anywhere on the sunbelt then you know that you not only waste electricity on the bulb itself but also to cool the room that the lightbulb is heating up. You might say that 60W is no big deal but, they add up when you have a large room.
I will reserve judgement until I see some third party review the "color" and any special issues with regard to heat dissipation.
CFL's seem to still have more bang for the buck but their color spectrum is just awful. I replaced two 40W incandescent bulbs in my home office and the light is just ugly!
This is sounding very good, but the most important parameter is missing.... The cost. What about replacement for the 65 watt flood bulbs in my recessed ceiling fixtures? I've got a ton of those in my house and the LED replacements I've seen so far are over $50 and the light is very harsh and blue.
It is really very good achievement in LED Lighting but as compared to CFLs and its price a 10W LED light for 60W incandescent lamp will be too costly as CFLs in comparison to 60w Lamp will be consuming 12 to 13W so 10w is I think not better figure, yes but still LED will be having more natural light and it is dim-able.