An LED-based lamp assembly or diode lamp assembly effectively replaces a filament or incandescent type lamp assembly for cabin/compartment reading light applications for reducing power consumption and improving fuel efficiency. The diode lamp assembly comprises a light-emitting diode in circuit with peripheral components for effecting or simulating a low resistance through the diode lamp assembly. The simulation of a low resistance via the diode lamp assembly appears the same as the normal operation of a filament lamp assembly to existent circuit polling mechanisms so that the latter need not be replaced. Rather, the targeted element to be replaced is a relatively high power consumption filament lamp. A lamp monitoring method is further disclosed as bootstrap-supported by the teaching of the diode lamp assembly.