This batteryless bicycle lights system is based on a newly invented magnet generator. No battery is needed, no frictoin on any parts of the bicycle. Lights flash regardless the bicycle's speed [img]/ubbthreads/images/graemlins/smile.gif[/img] and weather conditions.
I seem to recall some other bicycle light awhile back that had magnets and coils in it. With LEDs and rechargable batteries as cheap as they are getting paying a lot for fancy generator lights isn't necessarily worth it any more.
Any amount of light worth mentioning will have to somehow take energy from the person pushing the bicycle pedals thus adding to how hard it is to push it.