I finally looked at the light again, it is exactly the same one that Chris M has, same rubber coating and same ridges, except it's all black.
Camisdad,
This light actually puts out a lot of light for a single LED, i'd say it's as bright as my ARC-AAA turquoise. I guess the reflector really helps. But when it's in lantern mode, the light is pretty useless. Since the LED is directional, most of the light still goes forward and very little of it comes out of the side where you'd want it. I've bought a lot of these type of dual light setups, but I still haven't found one that actually works well as a lantern and a flashlight. The best thing I found is just to reflect a flashlight off some light colored surface or foil, that works better as a lantern than a bare bulb or led.