Lots of talk about LEDs these days and I just finished my first conversion.
I used gunrunnerjohn's kits available from Henning's. They were easy to use and work great.
Here are the cars from the Green Alco PW set. I did these first as Lionel put LEDs in the locos so this gives me a full LED train set.
First a before shot where you can see the lack of good lighting with stock bulbs.
Here are all three cars completed. Amazing difference and you can see some of the silhouettes that were virtually invisible with sub-standard lights.
A close-up that really shows the improvement.
All in all, easy to do with great results.