Component (chip) led s are fairly cheap now ($4/100W , ebay) so it makes good sense to under-drive them.
Driven at 25% rated power they are around 20% more efficient(lumens output/Watt) , the saving in electricity over a lifetime will more than pay for the extra cost of extra chips.
Also, a lest costly heat sink is required , if any,.... and leds have a much longer life expectancy if run cool.
Driven at 25% rated power they are around 20% more efficient(lumens output/Watt) , the saving in electricity over a lifetime will more than pay for the extra cost of extra chips.
Also, a lest costly heat sink is required , if any,.... and leds have a much longer life expectancy if run cool.