*CHEAP* LEDs dim substantially over their relatively short specified lifetime. High quality LEDs do dim, but not nearly as much as CCFLs, and they are specified to last longer. The problem is that major manufacturers assume (quite correctly) that Americans (especially those in the USA, but this applies to North America in general) shop almost entirely on price and, to a lesser degree, basic bullet points. LED backlight is a basic bullet point. 10M hr backlight lifetime to 90% original brightness shows up on page 72 of the owner's manual in the specs that nobody ever reads. Therefore, they put cheap LEDs in.
Any time you buy LEDs (or any electronic part, for that matter) be sure to consult the datasheet. These parameters are usually spec'd. Take any datasheet for a part "Made in China" or "Made in Taiwan" and from a company you've never heard of with some salt. Most of these companies are honest and out to make you happy, but some will say anything to meet your needed specs, even if they can't deliver.
I've decided that just about everything these days is disposable. Not because I want it to be. Not because I specifically buy it to be. Things are disposable simply because that's how they are built. Long gone are the days when something was built to last 20 years. Of course, think about how far LCD and even CRT display technology has come in 20 years. Heck, think how far LCD display technology has come in 5 or even 2 years. In 5+ years when that backlight finally starts to give out, will you care? Chances are you'll be able to buy something roughly "10 times better" (a subjective measure, of course), for 1/10th the price.
I like LCDs. My new TV is a LCD, though I'll admit to getting a very good deal on it.
All that said, I recently decided, perhaps against my better judgement, to upgrade my PC monitor. I have a ~5.5 year old AG Neovo LCD. This was an extremely high end model back when it was new with MSRP of $1000+. 19", 5:4, 1280x1024@75Hz (tough to find that in ANY modern PC LCD under 21"), S-IPS panel, and the CCFL backlight is still amazingly bright (I still use it on one notch above the lowest setting of consequence). My new monitor is a used 22" 16:10 CRT. We'll see how it works out.