why should it not work?
Did You try?
... I am doing some project I planned for years:
getting cheapo light:
http://www.dealextreme.com/details.dx/sku.3607
and mod it with all the old (and upcoming) led I have...
... to be able to show the evolution of led, differences, ...
all with the same light(s) and the different led, which are run with about the same current.
There is only a minor difference between XP-G and the original mounted XR-E led.
With XR-E, the light is a little bit more focused (way less than I expected from all those "larger emitting surface leading to wider hotspot"-typing) and has a pronounced edge between hotspot and spill.
XP-G on the other hand offers visibly brighter spill, much more fade hotspot/spill, tiny bit wider hotspot (like 1-2 deg), hotspot seemingly less bright.