I've read something similar, a couple years back when PetSmart started carrying a variety of LED lights for tanks. I had far too many questions on if you could grow plants with them or not, and needed to know. If you have the resources, they are definitely worth it as the electricity savings and the longevity of the bulbs will likely make up for the initial cost of the more expensive bulbs. But if you don't have the money laying around right away, CFLs are cheaper to purchase and run.
I just recently read an article that said there are some University teams working on making a more affordable and efficient LED for plant growth.