Now, for the science bits and then my opinions.
This truck has had the relay upgrade done as the original wiring was old and corroded. However, I don't know that for LED it would be necessary as long as the connectors were mostly okay.
On my bench supply at 12.0 volts, the LED takes 1.6A on low and 3.2A on high. Interestingly, the high side kicks both high and low circuits simultaneously. The halogens don't do this, i.e. the two sides are separate so the high side comes on solo, presumably as it would overheat. Some folks do their relays such that the lows come on with the highs, and there are kits for the later trucks to do this (though I think that's for the quad-bulb trucks.) Anyway, the LED then uses 19 watts for the low and 38 for the high.
The halogen, on the other hand, takes 2.6A for the low side, 4.0A for the high, making 6.6A for the both if you have the relays done that way. That's 31, 48 and 79 watts respectively.
Now, with the engine running at idle I was actually getting about 14.3V versus the 12.7 with the engine off, so the power usages would be correspondingly higher on the truck. The LED takes less power no matter how you slice it.
Anyway, the point of all of this is that, as others have posted, you don't really need #10 wires for your headlights. Heck, you could use #16 or #18 and be fine, especially if you were using LED's. They take half the power and put out what seems to my eye like
more light.
So, to do an Inigo Montoya and sum up, I'm pleased so far. The advantages include, as seen above, whiter light, wider dispersion, and lower power consumption (not like I care if my truck is green really, but maybe it saves wear & tear on the alternator

)
Of more interest is the lifetime of the LED vs a bulb. I'm tired of replacing halogens every coupla years. Sure, they're cheap, but it's a pain. You could do the Hella conversion to the H4 bulbs, might be easier to change bulbs and gets you some better performance, but it's an additional cost.
Also, to get the light output of the LED, you'd hafta go with the higher-output bulbs, and their lifetime goes down VERY quickly as the power goes up. The 75W and 85W ones have shorter lives, and the ~100W ones have expected use times of something insane like 100 hours... less, I betcha, when subjected to the shaking of an old truck and/or off-road use.
I'll admit the LED's are stupid expensive initially right now, but that should drop in time. And if I add up the H4 conversion and however many sets of bulbs over the same number of years, it's not that much less. (Who knows, maybe the LED's will crap out at some point, so we'll have to see how they fared in a year or three.)
If you can get the H4's in a decent white with a reasonable lifetime, that's prolly the best bang-for-the-buck upgrade, though you'd likely want to do the relay thing unless your wires were in really good shape. But if you want to throw money at something, these LED ones are pretty damn good so far.
-- A