Received mine yesterday.
Good points:
The machining is nice, and the light is well finished.
XP-L emitter. It's about time that a manufacturer didn't use a XP-G or XP-G2 in a $30 light.
The beam is acceptable for someone who hates cool tints - the hotspot was slightly yellow/green, and the spill was snow white, definitely not "cool" or angry blue.
High is bright
Bad points:
The threads were gritty. Maybe after more lubing and cycles they'll smooth out, but the light was difficult to operate one handed.
Lack of mode between 13 lumens and 160 lumens. Much of my EDC usage is in dark corners of otherwise normally illuminated areas, where it's impossible to have dark adjusted eyes, and 13 lumens is too low for this.
The high of 160 lumens is great for a burst, but the light gets almost too hot to hold after 3 minutes and the runtime is only 1/2 hour, which means any type of extended usage is out of the question, unless you're packing a pocket full of AAAs.
The 2-10 second mode memory is frustrating sometimes. Blasted high a couple of times when I didn't want to.
Having to cycle past moonlight to "low" to get usable light is frustrating. I guess I'm in the M-L-H camp, not the L-M-H camp.
I was hoping the Ti would bump my E05 from my keychain, or allow me to not have to carry a SC52 everywhere, but I sent the light it back for a refund. My SC52 (versatile modes, compact, and very efficient) is staying in my pocket and my E05 is staying on my keychain (no nonsense, turns on with an easy twist, and gives you light immediately).
If the Ti had a true medium mode, and permanent mode memory, I would have kept it. Maybe in another year, after Thrunite is done milking the current Ti/Ti3 design family, we'll see an improved version that makes more sense.