LED retrofits are between 35-50 bucks a pop depending on what part of the country you're in. Most are supposed to be good for 15-20 yrs too I believe. Easy to install, good light, no heat, ICF compliant, cheaper bills.
I've been using LED lights in cans for my office now for about 12 months. This is about 3 times the normal life for the incandescents they replaced, but then the bulbs cost 10 times more than the old style ones.
The ones I have (from Maxxima) are not very bright. I would suggest that you be sure to buy lights by lumens, not watts. I did, went down some, and regret it. Being old is no fun, as I find my eyes need more and more light to keep contrast up.
They are supposed to last for a long time, and I expect the LED portion of them probably will (though they have a lot of heat sinking in the bulbs, which leads me to believe they run hotter than you might expect), but the real issue will likely be the electronics that control the lights internally. One of my bulbs has already started to lose half of the LEDs occasionally (then they come back on later), and it's pretty clear that it has to do with the bulb electronics. So the expected 10-15 year life doesn't seem as sure as you might infer from "normal" LEDs alone.
The LED bulbs I have also have a clear lens, which is good except that looking up at them hurts your eyes. The frosted lens variants, which presumably don't have this issue, lose a considerable amount of light because of the frosting on the lens. So you need to consider this when you select bulbs.
Bottom line to me, is that you will likely need to have twice as many fixtures as you would with the old-style bulbs, which adds a considerable expense to the cost side of the ledger when comparing TCO for a specific amount of light.
And the reliability still has to be proven, as none of the LED bulbs in use today have been in service long enough to validate the claimed life spans.
Finally, consider the ceiling height very carefully. High ceilings require much more light to obtain the same light at the work surface. There are charts on the web to help you visualize this.