I'm trying to replace an old (late 80's/early 90's) "power on indicator" 5mm LED in a vintage computer with a recently purchased 3mm LED (the old LED had the wrong colour), but the new one appears to light up too much IMHO.
I know modern LEDs are more efficient than the ones back then, but I fear the voltage might be too high for this, so I've quickly disconnected it and tried various resistors in series to get what looks acceptable, but none of the resistors I've tried make sense compared to the suggestions that come up with the various online "LED resistor calculators". According to the new 3mm LED specs (20mA/2V) I'm told to use a 150 Ohm resistor, but that makes just about no difference in the light intensity. I've ended up with a 47 K resistor (!!!) and measure around 2.3V so I should probably use even a higher resistance to get it down to 2V. How can this be?
According to the schematic the original LED connects to +5V (Vcc) through an on-board 120 Ohm resistor and the other pin to GND. If I remove the LED and measure across the LED connector (J290) I measure around 5V which seems very strange to me. Isn't R290 (120 Ohms) supposed to lower the voltage to around 2V or so?
I know modern LEDs are more efficient than the ones back then, but I fear the voltage might be too high for this, so I've quickly disconnected it and tried various resistors in series to get what looks acceptable, but none of the resistors I've tried make sense compared to the suggestions that come up with the various online "LED resistor calculators". According to the new 3mm LED specs (20mA/2V) I'm told to use a 150 Ohm resistor, but that makes just about no difference in the light intensity. I've ended up with a 47 K resistor (!!!) and measure around 2.3V so I should probably use even a higher resistance to get it down to 2V. How can this be?

According to the schematic the original LED connects to +5V (Vcc) through an on-board 120 Ohm resistor and the other pin to GND. If I remove the LED and measure across the LED connector (J290) I measure around 5V which seems very strange to me. Isn't R290 (120 Ohms) supposed to lower the voltage to around 2V or so?