The Splashlite and the UKE are about the same size, the UKE slightly wider but with a thinner profile. Weight is about the same, about 37g for the UKE with alkaline batteries and 34g for the Splashlite with a Tekcell 123, according to my cheap postage scale. With lithium batteries the UKE will be a little lighter. The UKE comes with a detachable hat clip that bulks it up a little and adds a few more grams, but which can come in handy. The UKE can also stand on end, which is useful indoors. The UKE may have quite a bit more runtime than the L222/CR123, since a pair of AAA's has about the same total capacity as a 123, and the UKE runs for 20 hours while the L222 on two AAA's only ran for about 7 hours. The UKE has a focusing optic that increases the throw quite a bit without eliminating the sidespill too badly. I don't know how the Splashlite/L222 with its reflector+optic designed for the incandescent 222 will compare. I'd say the L222 is only interesting if you have a #222 light that you're really fond of. Some other CPF'er mentioned using one in a Tekna 2AA, which was a great old light.
I exchanged some mail with Scott at Tektite about a 1/2AA LiCl Splashlite but he didn't seem too interested. I'm not surprised, making new injection molds would cost a bundle and it would be a very slow seller. Tektite still makes the Splashlite presumably because they got the molds from Tekna. The Trek Lithium uses the same body as several other Tektite lights, so they get more mileage out of it.
I see there's a lithium chloride cell in 2/3AA length, which is a little shorter than a CR123A, but you could stretch out the spring in the Splashlite to use that battery. Then you'd just mod a #222 bulb by removing the insides and soldering in a led, to get that long-running light. For that matter, you could get tremendous runtime going direct drive from a standard 3-volt CR123A, though it would be pretty dim because of the low voltage.
I reviewed the Splashlite on the reviews section a few months ago. Basically it was a neat light back in the day, and I enjoy having the one I got recently because I always wanted one, but there's more modern choices around now.