I bought an L1 (new version I think, can't find any good pics of either really) because I liked the hi/low outputs. I am not attracted to the short runtimes of so many of these "super-output" lights from SureFire and others. The beam I am not picky on, if it's fairly even and not a "full moon", it's okay with me.
And even though there were several local dealers, I had to order the L1 online; no local places had one on hand it as it is not one of the more-popular "tactical" lights. So I did not get to see one before ordering.
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There's a few other lights that have dual output levels though, here is a thread on one:
http://candlepowerforums.com/vb/showthread.php?t=115465
for this light:
http://www.qualitychinagoods.com/2mode-flashlight-p-434.html
.....
The SF is nice but it is rather overpriced for what I use it for; I tend to worry about dropping the thing and breaking the lens, or of losing/leaving it somewhere accidentally.
So in that way it really costs too much; I likely will not pay as much for any small flashlight again.
A lower-output flashlight is a pretty simple thing; it shouldn't cost much and should be basically expendable IMO.
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