I'm also looking into LED headlights, another option is Philips 7" round LED headlamp. 12 year expected lifetime, standard H4 connector, and street legal. No experience, still browsing whats out there. Good find on the Truck-Light brand.
It's all a matter of time, money and motivation. I have seen some amazing restorations that I though were insane. Pretty much anything can be fixed on a car. How much are you willing to put into it and is is worth it to you? Those might be the right questions....
Then again that's just my opinion.