I haven't really tried it, but have some AC LED arrays that might work and an idea for some LED bars inside a D5XL condenser box. I can think of two possible problems, and some possible advantages. First is the spectrum. You might want warm white LEDs for using with VC papers, as that might be a better match to standard VC filters than the cool white LEDs, although the cool white ones might cover that end of the spectrum just fine. The other is that I've though about a mixed array of blue and green LEDs on separate potentiometers for VC control. This has been done already, and some commercial offerings may be out there. Google "Huw LED enlarger" and it might come up.
The other problem is that the LEDs in an array would tend to show up as a pattern on a condenser enlarger. Diffusion would most likely be necessary.
Lee