I would say it's more like impossibly complicated. If your premis is even correct (I've never heard of this before - how would you even begin to calculate the amount your light source is spreading out?).
If you're saying what I think you're saying - you would need an almost infinite amount of measurements and calculations. Ain't nobody gonna do that!
On the other hand, I would be glad to be steered in the right direction. How does this "Many Points of Light" Inverse Square Law work? How can I use it? I've always wanted to know how to calculate my Light Hood in conjunction with The Inverse Square Law. How can I do this?
Okay. okay - I take it all back! I did a little extra digging and this link - http://www.pmodwrc.ch/newrad2005/pdfabstracts/Newrad044.pdf - is what I came up with. Appearantly the scientific community does indeed recocognize a "Modified" version of The Inverse Square Law (as it applies to light radiation). I have to admit that the math involved is way over my pay grade - so I couldn't use this formula, even if I wanted to. But still - it is possible.
If I offended anybody, or caused any hard feelings, I apologize. However - I do wish there was a "reasonably easy" way to calculate your light loss in a real world grow situation!