LED is useful in most applications and allows the designer to be limited only by their imagination. I don't believe it's accurate to compare 1:1 replacements to other types of lighting.
There's a new McDonalds that opened in North Carolina this summer that all but 3 lights in the building and site are LED. She (the lighting designer) had to ignore the typical design by photometric calculations that everyone's gotten used to. She was able to get such low energy levels because she didn't light everything like typical stores.
She got a variance from the city so the parking lot didn't have to meet max:min ratios. She didn't see a point in lighting the drive thru lane when every car has headlights. She didn't flood the exterior of the building with lights. General light levels at night are very low compared to any other fast food restaurant. The floor of the dinning area is not illuminated, only the tables and ceiling. Lots of glass for daylight to enter. Each time of day has different lights and colors to "set the mood".
She claims electrical budget was no more than a typical project at 15%. She also had to spend 3 weeks of her personal, unpaid time pulling wire and working controls because of the mistakes she was finding from the electricians. I've always found this confusing myself, why are controls so difficult for electricans to get right. This project had 20 electricans on site in the last month before opening and she kicked off all but 2 to help her after she found her fixes being undone by others.
Difficult to find photos on the web but this site has 7 pics for your review.
http://creeledrevolution.com/revolutionaries/mcdonalds
Anyone in the area I'd love to see some evening photos. We may see clones of this store spreading in the coming years.