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Perhaps... But I would still be willing to bet that the Nichia greens we're seeing (errr, hearing about) bouncing around the real world now, are already hitting at least 5% efficiency (something reasonably close to the wall plug of DPSS).
Have we really seen any evidence that there are 515nm engineering samples out there? That is besides that Laser66 guy who says he can get anything but just ignores you or claims some NDA agreement keeps him from doing anything :tired: