Wick, I believe your best bet right now is to buy a standard.
The LE and the standard are almost identical. Both use HA III and the same brightness LED. The LE's LED has a slightly "wamer" tint. My first standard actually had a LE LED, when it was replaced on warranty it had the standard LED. After a day or so to get used to the tint change, I actually like the standard tint better--my eye's preceve it as brighter even though it's not.
The standard is the best bang for your buck Arc. Their days are limited. They're black, Peter is (For now, I hope it comea back soon) dropping black. The Black HA looks *nice*
If you don't get a standard now (Or maybe you can find an LE) your options will be:
New "Standard" Arc
Unfortunatly, IIHO the quality of the standard Arc is dropping big time. It's mostly not Peter's fault though. First off he's switching to natural HA (For now, I hope black comes back for 2004) which is a lot harder to get perfect than black. QC standards are natually, and quite understandibly, lower on the standards. While a flawless standard is completely possible, expect flaws. Also, because NiChia has thrown Peter a huge curve ball, he has to drop the standards of the LED. Again, while you may get lucky and find a "Premium" level LED made it's way into your Standard, it's not likely. Expect a LED that is dimmer and bluer
New "LE" Arc. Guarnteed to have absulutely 100% flawless HA or else you can exchange it. S rank LED BUT can come installed with tint currently installed in standard. $40 only offered directly from Arc
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I'd say get something from the 2002 line quick before your only choices are, well, less choices and lowered standards.