Yup, many on here have the new mag replacement LED "bulbs". AFAIK, not too many stores have the whole light yet, but you can go to Wal-Mart and get the replacement LED, it fits any MagLite (you just have to buy the right LED module for how many cells your Mag takes: 2,3, or 4 cells) for $18. There are a lot of different post on these lights, just do a search.
Roger