125,000 mcd LEDs? Are these 5mm LEDs? Where did you find these? Ebay, right?

Check this out: http://home.att.net/~ledmuseum/ledwht.htm

Anyway, by my calculations (based on research on the internet), with a 12 degree beam divergence your "1.25 Cd" array would output 39 lumens. That's... not very bright. However, if you calculate the output based on what the output of those LEDs actually is (33,500 mcd), then you get an output of... 11.3 lumens.

You've been warned....