re: hard to find, I guess so. Worth the effort though, and also worth the price I think. re: specialized charger - I think it's a worthwhile investment, the Maha 777-plusII is great and it's not like the money's wasted - this thing charges NiCd, NiMH, and LiIon, in all kinds of serial/parallel configs. re: protection circuitry for use - a small value series resistor is sufficient in a Luxeon app; the Luxeon's minimum Vf will cut off the cell before it drains to a damaging level. So it won't over-discharge, and if you use the right charger it won't overcharge either. No big deal.
People used to think NiMH batteries were dangerous when they first came out too, because standard NiCd charging algorithms were bad for them. Now nobody thinks twice about using NiMH vs NiCd...