Well the X03 was my first flashlight, and I really liked it a lot when I got it, so it will always have a special place. I still admire because I've used it A LOT for 3 years and it's in near perfect shape, with near perfect anodizing, and it has never once given a problem (for reference, my L0D looked like freddy cruger got a hold of it after one week on my keys). For a lot of us, one simple mode does it all. If I have a close up application, I will usually reach for my cell phone as it stands perfectly in it's "V" shape and provides plenty of light. I know this may be contrary to what a lot of flashaholics feel, but multiple mode lights just don't do it for me, unless they are the Gladius Night-Ops..then it's a whole different story.
I like the tint on these new Inovas, and though the emitter may be less efficient than SSC and Cree, it is still a far cry from the luxeons of yesterday. Remember: 70 lumens on 2 x CR123 for ~ 2 hours? I can almost guarantee that two years from now the Q4 and Q5 cree and P4 SSC will be archaic as well. There WILL come a time when the amount of lumens coming from one di will be simply too much for practical use. Honestly, how many of us are goin to use our Raidfire Spear and our Tiablo A8 for anything practical? They're showpieces. And that is where Inova succeeds--in making useable lights that will probably still look brand new long after their user retires.