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petevb said:
I'll throw out two suggestions. I don't know if these have been offered the other times you've asked this question.
1. A good bin Nuwai Q3 with RCR123 batteries (should be under $70 with batteries and charger). This should have over 2x the throw of a regular Q3.
2. The new Pelican M1 LED, also with the RCR123 batteries. Total speculation here, as I have not seen good specs or reviews yet, Pelican makes good reflectors, and it looks like the biggest reflector I know of on a single cell LED light. Big reflectors (or optics) are the key to throw. I'm also assuming that it doesn't have regulation (the regular M6 LED doesn't either) so the RCR123s should up the output like in the Q3.
Out later this month:
http://www.batterystation.com/m1led.htm
I don't know of a stock 2x 123 light that's under 4.5" in length, so I think you're stuck with one cell, and those are the top of that pile in your price range...
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Excellent suggestion regarding the Pelican M1 LED. It will be relatively small, cheap (but reasonably well made), and if it has the same reflector as the PM6 LED it should throw relatively well for its size. Cheapo seems to want an Arc LSH size light with the throw of a Surefire M4 with turbo head and the price of a PM6 LED (I know I'm exagerating, but you get my point), and that is simply not possible my opinion says.
If Cheapo can settle on good (but not great) throw, good (but not great size), and reasonable fit and finish than I think the Pelican M1 LED might fit the bill once its available. Nobody has seen one yet, so its impossible to say, but if its anything like the PM6 LED it should throw well for its size and price range my opinion says.