The point you're missing is that I'm talking about a different Wilma to you - the one I'm suggesting is the latest one upgraded with the newest LEDs, which is over twice as bright! I don't dispute that the Hope HID is brighter than the Hope LED, but then that uses older less efficient LEDs, as does everything else on the market you'd have seen (the only exceptions are the very latest upgraded Wilma, and the Dinotte 500L). Mine using the latest LEDs is significantly brighter than anything you can buy apart from the latter two, so you're comparing apples with oranges. I'm guessing that as you suggest Luxeon for LEDs you're not aware of this next generation which aren't made by Luxeon (rumours are they have something even better coming out soon, but at the moment they are well behind in performance), and the Luxeon bulbs Farnell sells definitely aren't the way to get a powerful light.
My point about run times is that the higher efficiency allows you to use a smaller battery. The battery I now use for night-O is only 100g (so complete system is <300g), which still gives me 1.5 hours on highest setting, and would give 4 hours on a setting equivalent to that Hope light. Your HIDs might be dimmable, but the lowest you can go is still ~10W, whilst you can go down to 1W with my LEDs (which is still rideable with when climbing - I've tried it).