I fitted a couple of 1.2W LEDS in GU10 recessed spots in a short landing, as a safety feature for the grandchildren going to the bathroom at night, when they are just left on. I wasnt expecting a great deal of light, just a navigation aid, but it's pretty meagre nontheless and not a pleasant shade of white. And surprisingly, given the low wattage, they do get quite hot.
Now, although only of miniscule rated wattage when working properly- are they not a worse fire hazard than an incandescent bulb in certain aspects?
With the latter, the law and regulations and good old-fashioned common sense [about putting inflamable materials near a bulb and its initial location etc.] protects one to an extent. They fail safe when they blow either filament or support wires. A LED or a CFL however is a complex electronic device, built largely of plastic. Is it feasible for such a device to fail in such a way to produce enough heat, far more than the rated wattage and to start a fire?