I became interested in this camera system when I first saw it in two photographs of the Apollo 14 crew during EVA training. These two photographs, namely AP14-70-H-1305 and AP14-S70-46157, shown below (cropped), show Commander Alan Sheppard with the camera mounted to the Remote Control Unit on his EMU. where one would normally expect to see a Hasselblad ELP camera.
The LGEC finally met it's demise due to two major problems. One was that "the company" (which I have failed to find a name for anywehere in the available literature) that NASA hired to develop it from prototype to a flight model was too small to handle the complexities of the project and subsequently went bankrupt. Also, there seems to have been some poltical intrigue behind this, as stated in the USGS paper: "The lunar stereo camera [that the Branch was developing and field testing in astronaut simulations] was cancelled because development was under Leonard Reiffel [in George Mueller’s Office, Office of Manned Space Flight, NASA HQ], who never liked the camera, Gene Shoemaker, or the USGS for that matter." So, instead of using the LGEC, the astronauts were trained how ot use their Hasselblads to take stereographic photo sets of geologic samples in situ.