Lt.Fubar,
Sorry to be a 'wet blanket' re. your idea of using LED's. I ran my own idea of an ODAPI utilising LED's past Richard Walker some three years ago. Richard Walker, inventor of the "Firefly ODAPI", first trialled some twenty years ago & utilising gyros and mirrors opined that powerful LED's would be prone to 'scatter' thus giving inaccurate glidescope indications and glare!
However, don't let me put you off.
with fraternal greetings,
ambi
PS: Your assertion that a company could put such an instrument into production in a week or two is open to question I think.