I also have one ... and here are my thoughts:
Positive:
1.) Best dang thrower I have, and I got a lot of lights, including the Taskforce Cree 2C, Rayovac Cree 3C, Malkoff drop in with 3D Mag, Malkoff M60 in 6P, Fenix TK10, a host of DX Cree lights, and much more. The Malkoffs both have more spill, but the Dorcy's hotspot is veeeeery impressive.
2.) It comes with A/C and D/C chargers.
3.) Hotspot has a nice beam profile, even with smooth reflector. Yes, there are rings, but they are not bad.
Negative:
1.) Anodize (looks like type II) is already wearing off after only about a month of use.
2.) Plastic lens is already scratched up- Pyrex or UCL would have been nice.
3.) collar around barrel unscrews to reveal the charging port right below the switch; the collar on mine is loose, and unscrews on its own. I am unable to tighten it enough to keep it from doing this. Loctite and other products are not useful, as the collar needs to be unscrewed often to charge the light.
4.) There is no indicator on either the charger or on the light to show if the light is being charged, or if the battery charge is full.
5.) Switch is reverse clicky and requires a somewhat firm press to activate. IMO, a reverse clicky switch should not require a very firm press to activate; this is okay for a forward clicky's momenatary function to avoid accidental activation in the pocket or bag, but not for a reverse clicky. Forward clicky would have been better (for me).
6.) Switch is on the side, and is not easily located by feel at night or in the dark. Tailcap switch on this would have been nice.
Miscellaneous:
1.) Body is similar to the old Streamlight Ultrastinger, but with a shorter barrel length.
2.) The light is too small to be a tonk light, but too large to be an EDC.
Although I did list several things about the light that I thought could be better, if you want a super thrower light for about $50 (I spent $55 at the Sears here on Maui), this be the one. To better make my point: I work as a nighttime driving security patrol on a golf course (2- 18 hole courses). I have been using this light, and I can light up things (hotspot) pretty much anywhere I can normally see during the daytime.
Light saber lovers out there rejoice!!!