For starters, you would have to disassemble the light and measure the diameter of the existing driver. If they are of similar size, you can swap them out.
Remove the solder from the existing board using some solder wick (and paste flux). Make sure that the seat for the driver board is very clean. You now have to unsolder the leads from the CREE. A steady hand will help here. DO NOT touch the dome of the LED with the soldering iron, or you will damage it. Use the solder wick again, and gently pull the leads from the driver board.
Before you proceed, test the driver board with a battery and LED. Use test leads with alligator clips, or whatever you can make a good conection with. You do not want to discover a dead or damaged driver board after you install it.
When everything is cleaned up and ready, pretin the leads on the driver board. Slip the leads from the driver board through the heatsink to the LED, and watch the polarity. Solder the leads onto the CREE, and be certain that the connections are good. When all is well on the LED side, press the driver board into the heasink and solder it in place like the original.
Now comes the fun part! Test the light, and see how well you did. If everything is functioning properly, reassemble the light and enjoy.
One word of warning with the driver that you have chosen. The inductor is somewhat noisy on lower levels. So do not be alarmed if you hear a high pitch whine.
OK, now go have fun!