Besides not wanting to waste the money, I doubt the lamp will last 5 years (not 5 years of projected use of XX minutes per day…). 580W converted to heat on a small disk will take its toll.
150lm/w would make it at least a cut above domestic lightbulbs.
200lm/w would make it a premium product.
Is it, though? Most of the LEDs I've seen are very similar, and lower temp LEDs are slightly less efficient. If it were 60lm/watt I'd be a bit surprised, but 100lm seems pretty typical. Maybe not "well engineered", but average. (Which, with all due respect to the founder, seems the quality of the product.)
While 100lm/w is typical for domestic LED lighting, it's going to cause problems when the total power is several orders of magnitude higher but the form factor is approximately the same size. That heatsink will probably fry an egg, and I wonder about the lifetime of the diffuser plastic.
I assume this product has not met any regulatory requirements, because selling a ~600W hot plate suspended at eye level cannot be legal.
These LEDs are just the ones found on imported LED strips. Adjustable colour temperature is a novelty that is not compatible with LED efficiency or lifetime.