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For instance, this is a very nice product.
... I think it won't be long before LEDs co...
Home lighting is a bit different.
Home lighting is a bit different. When the incandescent bulbs are free to draw lots of power (and battery runtime isn't an issue) they can produce plenty of light. The LEDs that can handle 10watts or more are still just too expensive to compete. Also people are a lot more touchy about the color temp and CRI of home lighting than they are with flashlights.
A place for tinkerers to buys parts:
DealExtreme: Flashlights, Guns & Lasers (hot gadgets) (Page 1)
LEDs also tend to be better suited to "spot" rather than "flood" situations.