AndyReef,
Driving the XREs at 1A doesn't decrease their lifespan as that is their rated current. Their lifespan would be decreased if the heat produced from the LEDs is not dissipated.
As a rule of thumb, we typically consider for electronic circuits that for every 10C rise above rated maximum temperature of a device, MTBF decreases by 50%. So, it is very important to ensure that there is adequate convection cooling or forced air cooling so that the LEDs do not run too hot.
Reducing the current to the LED will result in less heat production and is appropriate/effective if the heat sink and cooling system are undersized.