Jim,
It occurs that the setup Graeme linked to Spectrally Variable illuminant could be used to get much closer to L/I.
Since it uses a spectral range of computer controlled LEDs to shape the illuminant, this could be used to similar effect as the papers you have linked to. But a big advantage is the LEDs can be instantly changed enabling rapid, successive image shots. Beyond L/I, one could also make reasonably good estimates of the reflectance spectra at each location. This might make preservation of historical/museum artwork images cheaper, faster, and with very good quality.
The LI criterion ensures that the camera sees the scene, lit with an arbitrary illuminant, the same way as the Standard Observer.
Changing the light source isn't going to change that.
If you mean that the objective is that the camera, using a experimentally controlled illuminant, sees the scene the same way as the Standard Observer with some other illuminant, then the light source referenced could help. If you are allowed three exposures, a light source capable of artibrary spectrum could satisfy that objective. But that's not LI.
Or maybe I misunderstand your point.
Jim