Why would you settle for the reactor when you could have bought the REACTOR III for almost the same price ($34USD) from shomertec.com.
http://www.shomertec.com/item.cfm?Action=Index&variable=1021
This version of the reactor holds 3 AA batteries. With regular alkalines this should far outperform the 2AA version with lithiums.
2 lithium = 2 X 1.7 = 3.4 volts
3 alkaline = 3 X 1.5 = 4.5
when alkalines wear out they drop to 1.1 volts
3 worn out alkaline = 3 X 1.1 = 3.3 volts
3 worn out alkalines = 2 new lithiums
3.4 volts almost equals 3.3 volts
So unless they changed the guts of the reactor which I doubt for it looks the same with just a slightly longer body then the above analysis shows you can expect far superior results with alkalines and the new reactor 3. Also, you get all this for almost the same price.
I modified the old reactor with an added length of pipe and fed it 3 new duracells and 1 more weak almost dead battery and in this configuration my reactor which before the mod was no brighter than my infinity ultra then became the most powerful flashlight I have seen. It was about 50 percent brighter than my ARC LS hybrid with 2 fresh duracells. So once again if CMG kept everything else the same the new reactor 3 should be a winner for the price.
Also, if you unscrew the tail cap 1/2 turn the light goes out and only occasionally flickers on. Therefore you can loosen the tail cap as well as turning the head off to add extra security against the flashlight turning on when you can't see it like in a backpack.
But be very careful. This flashlight may have no resistor or other protection. If you put lithiums in the reactor 3 you may blow it out; I'm not sure. If the light turns bluer than with alkalines or if you notice the head of the flashlight getting hot really quickly dump the batteries fast before your emitter blows. I've blown one of the older reactors even while it was cold and not hot or blue at all. Also, in the 3 cell version in the reactor has no resistor protecting it don't put rechargeable batteries in it or you'll risk blowing out your luxeon star. Search candlepower forums for electrolumens discussion on his 3 AA brinkman luxeon direct drive and NIMH batteries blowing out his clients' emitters. He claims the 3AA direct drive luxeon needs a resistor to protect the luxeon from excessive current even at lower voltages than alkalines that rechargeables overpower the emitter with.
Anyone interested in a reactor cheap luxeon alternative do yourself a big favor. Buy the new reactor III instead of the old one. Some people claim that the old reactor is great because it runs dimly for a long time like the original infinity. But hey if that is what you want you can still have it in the reactor III. Just buy or make a dummy AA battery or use a dead AA battery in place of one of the 3 AA batteries in the Reactor III and bingo you've got the same long lasting very dim reactor version I. Some of you may say I'm unfair because the reactor I isn't that dim. Well after I cranked my reactor I with 3 new duracells the 2 cell version sure looked dim by comparison; I'll never go back. But if you want to hey you can have both worlds with the reactor III. With the reactor I you only have one dim mode. For just a little more money upgrade.
I know that HDS headlamp (find it at ledmuseum under headlamps) makes dummy D Cells they sell for use with lithium 3 volt D cells. You have to find your own dummy AA cell however.
I almost forgot but the following discussion lists two other flashlights going for 50 bucks that are very good and one should seriously consider whether the extra 15 dollars would be justified to upgrade to one of these or not:
THIS IS THE NEW FLASHLIGHT YOU'RE LOOKING FOR.
Hurry and run don't walk before they all sell out.
ARC's factory is selling factory seconds on their webpage right now subject to their running out. THe link is here:
http://store.yahoo.com/flashlight/facsecarwhit.html
This version of the ARC LS is the hybrid. It has the older body which suffers from not enough threads (it only turns one complete turn before the flashlight head comes off). It also has the screw on bezel which is subject to flex failure (the bezel and flashlight head stop conducting electricity and need to be retightenned or some such thing I really don't know I just read what others have posted).
However the good things about this flashlight are:
It has the new DC DC booster circuit board designed by Dat2Zip (I think). It has the newer 400 luxeon which is 10 percent darker but makes the batteries last much longer. This flashlight is BRIGHTER than most others you're going to find for 50 bucks; it's bright. In the stores it's selling for 92 dollars, see below:
First link is arc ls orderpage. Second link shows that what you're orderring for 92 bucks actually is the 49 dollar hybrid.
http://www.vicomptel.com/arclights/arcls.htm
http://www.vicomptel.com/arclights/index.htm
At arc's homepage you'll get the same light the hybrid for 49 bucks. This is called the factory second. It is sold as is. But I bought one and it is great. Just a little purple bluish but for 49 dollars it's the sweetest thing I bought. You're just not going to find anything else fully assembled for this price with all these features such as the state of the art DCDC booster circuit for full power with NIMH batteries etc. Make sure you buy the 2 AA holder for it so you can run it with rechargeables or alkalines or lithium AA's.
Otherwise for 50 bucks email lambda and pre order one of his lambda illuminators. It too has a DCDC booster circuit and runs on 2 AA's.
There are other good fully assembled flashlights IN THE SAME LEAGUE AS THE ABOVE TWO FLASHLIGHTS but they are very expensive. This arc ls hybrid normally costs 120 dollars. It only recently came down because the factory is now shipping the new REV2 model for 150 dollars. The rev2 has lots of threads on the head so it can turn many revolutions before disengaging. Also the entire head is one chunk of aluminum in the rev2; there no longer is a separate bezel screw on cap to suffer what ARC calls flex failure.