Someone said that replacing the blue LED's will not do ANYTHING on the Corsair K70.
You need to check the Corsair forms for this, but basically the reason the blue LED's were dying was due to the STANDBY VOLTAGE--when the LEDs were *NOT* powered in, being twice as high as they were designed to take, so basically when rebooting the computer or turning the LED's *OFF*, they were slowly being cooked to death.
Please don't take that as fact. Either buy a multimeter and find the specification for the standby voltage and then measure it yourself or accept what was already said; the choice is yours.
if this is the case, then replacing them would just amount to another slow death of LEDs, and there is rumor that that was the entire reason the blue LED K70's were discontinued while the red LED K70s were not.
I'm going only from memory of what I read on the Corsair forums years ago, when all the complaints about mass dying of LED's started appearing. it's up to you to do your own research to find out more.