Is this how LEDs are binned as well, or are they powering each node on the wafer before packaging? They're orders of magnitude more expensive than resistors, so I figure they might...

There are all kinds of crazy parameter variations in optoelectronics. I understand that resistors are really close to nominal because the manufacturer's ability to tune the process controls are so much better than the standard 5% and 10% bins, but it seems that LED manufacturing is way more difficult and they can't always tune the process to get exactly what they want.