I can't believe how much talk is going on just on LED lighting. In any case, just to throw in more confusion, here's a quick snapshot of what I'm going to put together as my own test. For this, i've hired a Jedi Master. Aside from the 500 LED video light panel, these smaller LED lights aren't typically used for 3 point lighting setups (although I believe they can work for small setups). The 500 LED is in there as my baseline of light quality since it's become so popular and you'll get to see how much these tiny lights compete to the larger level.

So my test will just be flat on, lighting at about eye level, with the subject about 2ft. from a backdrop. This is typically what you would do if you're mounting these small lights to the hot shoe of your camera. This will be a basic test just to see what the diffusion is like from a subject and the differences in color temperature. Unfortunately i'm guessing my subject may have a slightly green tint (sshh..he's quite sensitive about this matter), you'll be able to tell from the white backdrop. Anyways, it's a one man show in here, so i'll try to get this going...

Also not shown in the image, I might throw in the 183 LED light into the mix. By the way, I haven't had time to blog it, but i'm also throwing in the 352 LED Ring Light (second from left). Not much has been said about this light on the Internet, it's quite expensive, but it should be an exciting test to throw in to compare what a ring light can really do.