A close look at Philips' bargain-priced LED (pictures)

The newest generation of the Philips 60W Replacement LED is also the least expensive by far. Click through to see what this light's got going for it.

The new bulb puts out over 800 lumens from a power draw of just 8.5 watts -- nearly 100 lumens per watt. That's better than the majority of its competitors.

On the other end of the spectrum, its life expectancy is just 10,000 hours -- less than half of what you'll get from most other LEDs.

Philips claims a yellowy color temperature of 2,700 K. When we tested the bulb out, it came in right on the money at 2,701 K.

The Philips LED isn't rated for use with dimmer switches, so if you like to dial the light down low without flicker or buzz, you'll want to look elsewhere.

At less than $5 per bulb, the Philips LED is one of the best LED bargains we've seen yet. Is it worth picking up? Check out our full review for the whole story.