Heh, I was just quickly checking on the fire hood thing as it occurred to me that LEDs don't produce much heat, but I guess they help seal up the hole. (not a spark, not qualified to comment)
Gah, you really want to do this?
LEDs are a bit pants at the moment, google the GD forum as this topic has come up before, so you will find some suggestions on what brand (Phillips I think were good?)
They tend to suffer from poor output and narrow beam angle and I doubt bedroom lights would be run long enough to make any savings (kitchen lights, different story), I get the impression that even high output LEDs don't get near halogen.
I've got a XML torch, it is blinding on a 10deg beam (@9watts), but take the top off and it looks like a 40 watt bulb. Impressive that a torch can fill a room, but pretty poor as a room light.
That's my impression of current led room lights, wrong technology for the job.
Have you seen one of these lights for real? Normally with lighting you wander around with a lamp until your partner says that looks OK. My idea of bright may not be your idea of bright.
5x50w of halogen was great in the kitchen, I don't personally believe that a 5w led is as bright as a 50w gu10 (not after that BS that said 8w ccfl was the same as tungsten)
Before you do this, have a read up on lighting theory. I also loved the idea of a minimalist house until I stayed at a relatives place, awful experience. Doubly so for a bedroom.
I know it's boring and black/white always sounds super cool, but there are solid reasons why say Georgian houses are visually pleasing and why people use certain colours to decorate certain rooms.
Edit
6500K is pretty much at the blue end, it is a really harsh light.
If buying Chinese, check they have UV glass fitted.
Sorry for being hard on your taste here, but really, if this was likely to look good in a bedroom then other people would be doing it. It is going to be really hard to reconsider this after you've just dropped £300 on hardware (I've got black tiles in my bathroom, it's taken me years to accept that actually they look awful but it's too expensive to change now
)