There are quite a few high-output, throwy 4x18650 lights around the $200 price point with more output, low operating costs due to the rechargeable batteries and a much lower upfront cost. Examples include the Nitecore TM16, Fenix TK75, Acebeam K60 and Thrunite TN40S. If I was buying one of these today, it would be the TN40S in neutral white.