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Drive around a city with LED traffic lights, which haven't been around that long, and note how many of them (green ones especially) have a lot of failed LED's. And that's despite the road authorities replacing the really bad ones rather than leaving them out there.
Not really relevant to the thread topic, but as you mentioned LED traffic lights, you may be interested in this article I came across today.
http://www.switched.com/2009/12/17/useful-but-dangerous-led-traffic-lights-save-energy-hide-in-sn/