I can't comment on these particular lights, as I've never owned them, but I have owned similar lights and made my own choices. I had a Streamlight SL-20XP for about 12 years, along with a pair of Streamlight polystingers. I've replaced them with a Pelican 7060 and a Malkoff M60L in a Surefire G2Z. I have smaller incans, should the need arise. Currently, I'm partial to a Surefire P90 or P91 in a Surefire 9z bored to take IMR 18500s.
The Magcharger is a great light, but a little dated. To me, it's like a '73 Camaro: the technology is 20 years out of date, but with a couple of changes, you can make it a hotrod that will still smoke the competition.
First, the light uses Nicad batteries (2500 ma, I think). It really needs a 4000ma Nimh battery. This is a simple swap, and you don't need to do it right away. Wait for the original battey pack to die.
Fivemega still sells ceramic slugs for the magcharger. This, coupled with a metal reflector and glass lens, and you can swap the bulb for a superbulb. The output will blow you away!
I've never seen an 8060 in person, but I have and frequently use a similar light, the pelican 7060. It's a fantastic light for 2007, but now, it's also a little dated. I'm sending mine off to be modded with a warm emitter, maybe an MC-E or similar (the exact mod to be determined).
Curtis, as usual, is right on. The color rendition of LEDs isn't that good, when it really matters. Not that this is remotely important, but one time I was BBQing after dark, and using an LED light to try to see if the meat was done. I cut the meat open, and couldn't see the color of the meat! It was all a pale and washed out. I had to go back inside and get my ROP.
So, if it were up to me, I'd get a quality incandescent light for certain tasks, and probably a quality 6P sized LED light for everyday use, and of course an LED weapon light for your pistol.
Good luck!
-John