Well, I think it's really something like 190 to 230 lumen, depending on how things go in the "bin lottery".

Plus when you run them at lower power it approaches 100 lumen/watt (at 1 watt).

That's something I love about LEDs: They are more efficient when you run them at lower power. They are very dimmable, can be made to flash, run basically forever, and don't cost $80 to replace because a bulb burns out/shatters.

As soon as the more mainstream light companies pick up on the Cree XR-Es and the Seoul P4s, I don't think there will be any reason to go HID.