If you are considering purchasing an SG5 that will be used only with an AA NiMh battery, I have a caution for you after evaluating and then returning an SG5 and optional spot reflector.
While reading the excellent reviews by mhanlen
(link) and candle lamp
(link), I overlooked the regulation of the SG5 on an AA NiMh battery in Turbo mode in this chart
(link) represented by a solid green line. Basically, the regulation is a 45 degree line. What I observed agreed with his measurements. With a fresh eneloop battery, I saw only a detectable but small difference in brightness between the max mode of 100 lumens and the turbo mode of 280 lumens. After a short amount of time, I could see no difference between max mode and turbo mode. I needed this model to be a five mode flashlight, and it's basically a four mode flashlight.
My second but only other criticism is the double clicking between turbo mode and non-turbo mode. Half the time I wound up turning off the flashlight instead of changing the mode; it seemed to me that the trick was that there seemed to be such a thing as double clicking too fast and double clicking too slow. I was getting exasperated trying to duplicate that magic rate of double clicking to successfully change modes..
The tint of this cool white unit was very pleasing -- no off-tint at all like green or blue. It was not one of those cool white approaching neutral white, but it was not one of those cold cool white tints, either.
The mule reflector has a slight but detectable hotspot which I think is a pleasing advantage over the Zebralight H502 for certain scenarios.
With the spot reflector, I was disappointed that my results did not quite match 'candle lamp's results in his beamshots. I try to avoid models for my family and myself that have a dim spill in part because of the effect of follow the bouncing ball in some situations. Based on his photos, it looked like the the SG5+spot reflector would have a bright spill approaching the brightness of the spill of the Thrunite Neutron series. Instead, my result was that the spill was not dim but not as bright as I was anticipating.
If you put the clip on, the clip grips the SG5
tightly. I was worried I might damage the clip or scratch the flashlight if I were to remove the clip by hand. So I put some fabric around the tip of a screwdriver, placed that tip between the flashlight and the top of the clip, and then slowly pryed the clip away.