IMO most of the features are a pain to use on the LF2. My suggestion if you get one is to program two levels you like, and use it as a simple two-stage light from then on. I used to carry the L0D, and got fed up with the 100Hz flickering, abd lack of a really "low" low mode. You'd be surpsied how little light you actually need/want in some situations. I also like the fact that I have direct random access to either low or high without "skipping over" other modes as in the L0D.
If you want lights for emergiences, I'd recommend buying maybe 50 keychain lights from DX, whch will only set you back about $20... you can stash them all over the house, give them to neighbors, whatever. With so many you'll always have several working lights onhand just due to sheer numbers.