Thing is, most of the value is in the battery and they don’t convert that well to LEDs, as the cans aren’t very good at dissipating heat & there’s not a lot of room in them to stick the driver, LED board & lens.
If the battery is dead then your options are fairly limited as you’ll need to buy a new battery anyway.
I converted mine a few yrs ago with XPG LEDs running the BlackCatTech LED that was being sold on ebay for a while – they were 690mA drivers, I think.
I uprated them to 780mA drivers when he started producing them, but they overheated & failed quite quickly.
That reminds me, I think one of my lamps stopped working at the 24/12 last year & I never got round to looking into it – must do that in the next week or so….