wyager,
If you are snorkelling in 15ft depths, out in open water, then you will need some pretty good output to see stuff on the bottom with any kind of detail. If you are in a lagoon or something, then there may some auxiliary lighting that may make a lower powered light good enough.
I understand that this is not something you want to put a lot of funds into, but I have gone out spearfishing at night numerous times using 10D and 8D incans (mostly Underwater Kinetics), and always wished I had a bit more light. My backup light was a 4C model with a very focused beam because the water has a way of cutting down on the throw and output of a light. Renting may be a good idea.
Also, which part of the islands will you be visiting? If in Waikiki, then there are numerous places to get a light if you need one. Walmart is pretty close by as well as Sears if you like mainland chains. If you are going to one of the resort areas on the other islands, you may have to travel to find a place to get a decent light.
If you insist on bringing your own and having something relatively compact then I would suggest looking at some of the AA/AAA based Underwater Kinetics stuff. Relatively inexpensive and made for underwater lighting with tough polymer bodies that stand up to great abuse, reliable switches, and impact resistant lenses.
Most models come with a leash/lanyard of some sort, but still, get something in yellow or bright green or even pink. If you do happen to drop it, it will be WAY easier to find. When you and your equipment are wet, things tend to slip and fall at the worse possible times.
My main light was bright green, and my backup was pink. Used to get snickers from the guys, until they would put their black or dark blue bodied light down on dark lava rocks in the dark.