Fenix has always been one of my favorite brands. I've purchased a lot of their lights.......probably around 20 or more different models. Though I think I only own 9 models right now. More than half of those are obsolete, but I like them a lot so hanging on to them. For the most part they have had good regulated drivers. The tints of the CW are just so-so. I lost my good discount, coupled with not really liking some of the new releases and I haven't purchased a Fenix light in over a year or two. The last one was when they released the PD32,2016 model.
Since they haven't come out with stuff that I consider better than what I already have, there just hasn't been the desire. For example:
E15 (discontinued but keeping the one I have)
CL25 lantern (discontinued but keeping the one I have)
CL20 lantern (discontinued but keeping the one I have)
CL09
PD32, 2016 (not discontinued, but also not any better than the Sofirn SP31,V2.0 that is half the cost)
E05
HL10 (wife likes this one alot)
HL25 (discontinued but still have because its so well regulated and the UI is good. Got rid of the HL23 though it made more sense since it was just single AA).
HL50 (sold it in favor of the Olight H1 Nova)
PD25 (still have that one)
CL09 lantern
E12 was pretty neat when it came out but you can do better with a Sofirn SF14 or Lumintop Tool AA.
Owned a couple of the TK series lights but ended up selling them.
PD35 nice light but too similar to the PD32, 2016
With more and more built in USB rechargeable and proprietary batteries, and E-switch lights, my interest has been waning. I'm more a tail cap switch or twisty kind of guy. Also the budget varieties like Sofirn and Lumintop have some good offerings that are quite a bit less money. I now have 5 Sofirn models which have been purchased in the time since my last Fenix purchase.
Not saying that Fenix is bad. They are good but Fenix seems to be losing some to competition. At least from my standpoint. Now the only way I buy Fenix is if/when I get a really good discount.