As far as I know, my Elite X-Ray is the same one, with the same specifications, as on Technology Associate's page. I believe it comes with the Nichia high-powered LED's, as all of the Elite series are supposed to. (I'm assuming that's what S-rank means: I'm new to Candle Power Forums). Is there any way for me to check and make sure?
My light came with the break-away Eternalight lanyard, 3 Energizer lithium batteries pre-installed, and a tiny screwdriver to open up the case when you need to replace the batteries.
I don't believe the price for the Elite X-Ray's has gone down, as it is still being sold for $80 on Technology Associate's page. They offer dealers significantly discounted prices for buying in bulk, so I assume Eppe's Corner bought a WHOLE bunch of them!