In the process of painting with light I have tried many things from dinky little flashlights to lasers and flashes.
Overall I would like to transition to using LEDs all the time because I appreciate their run time and their durability above incandescents. Kind of like a fluorescent, the LEDs use phosphors to try to broaden their output in the visible spectrum and they've done a lot to trick us in to believing they're a lot more like daylight. The problem with most LEDs is their poor color rendition, even if they have a tint that looks "daylight" or "warmish" to us (most people don't like the blue tint as far as how it makes color look) they still have such an uneven spectral emission that they don't generally render colors well.
What I've been looking for is something up the ante, with longer run time than my 2 million candlepower spotlight which is good for somewhere on the order of 20ish minutes before it needs a recharge.
I've got a number of 3 watt LED flashlights of different types and qualities (in all aspects, especially output & color rendition). One of the best is probably the Malkoff mod I got a year and a half ago for my 4D cell maglite.
Has anyone had any experience with LED flashlights and any they'd recommend with particularly high output. The Malkoff mod is rated for 240ish lumens (out the front) and I'm seeing a lot now (like the Fenix TK40 which looks tempting, I love my LD20) hitting 630-700 lumens allowing me slightly more exposure times at low ISO and small apertures.
I still use flash whenever I can too, but flashlights do provide a different look in the finished product.

I'm liking your method with the soft boxes, I do things like that too. No reason that a flashlight can't be used with light modifiers! 
