gunga, it is a 5mm LED, so it can't approach what a Luxeon can do. When driven very hard, they can get close, though. The problem is the heat at high drive currents will slowly cook them to where the light output is greatly diminished. Newbie did a torture test recently on the boosted bulb, which reinforced my suspicion that driving those with hot batteries was not a good idea. I believe early tests showed that the old single die MJLED was safe below 75 ma for lumen loss over time. That is the LED drive current, though, and what I mentioned above is current from the batteries, which I can measure easily. Since there is a boost circuit driving the LED, the LED current will be significantly lower than what the batteries are delivering, but at a higher voltage.
BTW, MJLED is an LED with the top cut off, devised by Michael Jordon (not THAT Michael Jordon!), to throw the light out to the sides so that a quality reflector can colliminate it into a tight beam with throw. The later SMJLED, or Super MJLED is the 4-die version, which was supposed to be brighter and whiter. I have found them to be bluer, actually, but to have higher Vf's, in my samples, so they tend to prefer hotter batteries. This is opposite to what they were advertised as, but I still like them for what they are, and they seem tough enough if you don't abuse them. Both are now available un-cut, with the normal dome shape for other types of projects, but I like them best in their cut form in a good reflector. I have also made some of my own direct drive "bulbs" by gutting an old PR2 bulb and soldering in one of these LED's so I can put them in non bi-pin bulb lights with fresh or lithium cells. But if you like the form factor, the MM does the best at throwing with these, I just like some of the floodier beams I can get with the faceted reflectors, and the knock-about factor of plastic lights.
Edit: I should mention that the whole beauty of these is the downright nutty long runtimes you can get with them. After dozens of hours direct drive, you can put your batteries in a light with a boost bulb in it and keep on going bright again for many, many hours. D-cell light runtimes have to be measured with a calandar, not a clock.
Hondo