I do not know what happens in Surefire lights (because I never owned one), but are you sure that the circuit didnt blow? The LED doesnt seem like the likely problem, since it takes a lot to kill the LED under normal conditions.
Is the LED physically damaged? Did the output of the LuxV dim to nothing or change color drastically before it "blew"?
Was the batteries inserted backwards? Was anything inserted into the flashlight to cause something to short to the body (the ground or negative)? Did anything break loose in the light, like a component from the circuit? If you would smell the circuit, does it smell like it has burnt component?
If anything, try connecting a small battery pack (4-5 AA alkalines in series) to the LED directly (taking note to the polarity). You may have to de-solder one of the wires from the LED that goes to the circuit. If it does not light up at all, then the LED may be gone (do to a reverse voltage or some other odd reason). If it does light up, then the LED may be fine. If the LED is fine, then the circuit or the flashlight wiring is at fault.
What batteries does this take? If it uses a boost circuit to raise the voltage for the LuxV, and the LuxV has a short internally or an open circuit (due to a blown internal ESD diode - it happens), then the circuit could be damaged as a result. Some circuits do not like shorts, and many boost circuits really dislike open circuits. The circuit tries to boost the voltage too high because it does not sense an LED, so this can burn up the switcher chip on the circuit. I learned from the Fatman boost circuit.
I really do not know. What I told you is just what I learned from my experience with bad problems that occurs to LED and their driver circuits. I would investigate further into the matter and not assume right away that the LED is burned up (which it can, I suppose). You may hook up the new LED and it may get burned up right away due to a faulty circuit. If you have absolutely no clue what went wrong, just replace the LED with the desired SSC P4, and change out the circuit with one of the drivers from the Sandwich Shoppe. They are small enough that they should fit in the original circuit's place and it should operate much safer and more efficient (since it is specialized for your new LED). I always hate when the strangest things happen to what seems like perfectly fine LEDs. That happens! Well, good luck and keep us posted!
-Tony