A couple things that could save you some effort or frustration.
I would just leave some wire hanging instead of slip rings. If the tower is level, it won't twist up too fast or too often.
It is going to need DC to charge a cap, and LEDs are DC devices. The bridges can be on the tower, paralleled, then 2 wires down the tower. Voltage losses for the bridges shouldn't have much effect on the output. The amps are more internally limited, not so much the voltage.
What kind of blades? Good fast small blades can have a hard time getting past the cogging to get started, and will work better with a washer or 2 or 3 under the leading edge side, to increase the angle of attack. Makes for a little more torque. RPMs won't be a problem, after it gets started turning.
G-