As for the color reproduction issue... you do experience it, I imagine you haven't done color critical work under incandescent and then under LEDs?
I do have some stupidly expensive $29 D-50 compliant LEDs in my office that don't bother me at all. One failed after about 9 months, but the company replaced it for free.
Anyway, I'm highly sensitive to LED flicker, and my wife apparently can hear the buzz from rooms away.
At risk of sounding like a consistent theorist...The market factors that led to the lighting industry forming a "cartel" 100 years ago are certainly alive and well today. I think it's likely that these manufacturers are only selling energy efficient lightbulbs to make more money than they otherwise would -- it's certainly not to save the planet.