I was posting under the
Glowing Revs topic, but I noticed this one seemed more comprehensive, so I'll add to this topic instead.
I finally went out and flew with some night lights

I was out in 6-10 mph variable conditions, Race frame, 1.5 B full-sail.
I used the setup Bazzer recommended (from the Glowing Revs topic), here are the specifics:
LEDs = 5mm, 7000 mcd (intensity), 30 degree viewing angle. 5 of them.
Batteries = CR1632 coin cell.
Scotch brand Indoor Mounting Squares. Each square cut into 4 squares.
Electrical tape, cut into small squares.
Each LED/battery/tape combo weighed 2.1 grams!! X5 for a total of 10.5 grams! That's nothing! Could add many more!!
Following are instructions for getting these babies prepped for the field! Better to get this done at your work bench/coffee table than out in the dark.....
Step 1: Bend positive lead (the longer wire) at a 90 degree angle, and lay it across a piece of the Scotch double-sided tape with the backing removed.
Step2: Attach the LED lead with Scotch tape to the positive (+ or side with writing) side of the battery.
Step 3: On the negative side of the battery, attach a piece of electrical tape.
You are now ready to travel to your flying spot. Since everything is taped, you shouldn't have any LEDs turning on by accident.
Once you're ready to fly:
Step 4: Rotate the LED so that the free wire is ready to be bent over the negative side of the battery.
Step 5: Peel back the electrical tape, and bend the free LED wire over the exposed negative side of the battery. Touch the wire to the battery, and use the electrical tape you peeled back previously to attach the wire to the battery. The LED will turn on.
Now, with the LED on, peel the backing off the Scotch tape square, and attach to the Rev! I attached 3 to the LE (specifically, to the LE material), one in the center and one at each tip, and I attached 1 to the heavy sail material at the bottom of each vertical spar tip.
I was nervous that the tape wouldn't hold, but no problems at all, and I flew for a couple hours, doing non-stop tricks!! I really thought the axel would dislodge 'em, but nope! Even better, when I went to remove them, they peeled off exceptionally cleanly and easily!!
Oh my, it looked fantastic! ESPECIALLY axels!! Stationary bicycle spins looked awesome! As did the dive....stop!
I am now on the hunt for the ultimate setup!! I'm about to buy a sackful of LEDs in different styles to see which work best.....
In the meantime, the CR1632 battery is working ok...... It lasted at least 2 hours so far...... It is quite a bit smaller compared to a CR2025 battery, and not as heavy...... I hope its the best choice from a performance/economy standpoint.
I'll report back when I hit on the right combination of LED and battery!!