Sorry guys but the days of the Maglight are over. If the Cree Fenix is to much money I would highly recommend the regular L1P model. They are only a couple of bucks more than a 2AAminimag but are way way better. LED ,real glass lens with some coating,excellent aluminum body with very good coating and terrific battery life. I have the L2P(2AA) and a spare L1P body so I can make mine a 1 AA and I keep another L1P in my Bike seat. The L1P and L2P have been replaced so you can get them real cheap if you look and the new ones are not any better. They just have a bunch of modes you don't need and most find annoying.
The Fenix also are very well designed with a flat bottom so you can set it up like a candle, without taking it apart. I also got a really cool Fenix folder.
It is very well made with good steel a great coating and nice G10 grips. My mom has claimed it from me though. Still one of the best folder I have even ones that cost 3 times as much.