Well, excellent results while the higher voltage lasts, personally I don't like to run alkaline AAs past 200-300mA since they get inefficient at that point. I mostly got the Nexstar lamps so I could get some use out of my old Mag AAA. With 750NiMHs in it I'll get over an hour of bright-enough-to-be-useful light, which is more than it ever could do before.
It should be comparable to the other 2AA 500mA lights in total lumens. I'll have a Tec 20 soon, but don't have the other lights. Have some that use the same bulb, though. My other favorite 2AA is the Pelican VersaBrite II. With NiMH, the Minimag with Nexstar is brighter than the VersaBrite II, though the beam isn't that nice perfectly smooth white spot that the Pelican has.
My main question was, are the Xe worth it over the Kr that are easily bought at Radio Shack. Sort of, is my answer, mainly if whiteness matters, since they are about the same brightness.
I still think the stock bulb is best for alkalines as far as brightness and efficiency compromises go. 500mA is just too much for an AA, IMHO. Of course, an Opalec or MadMax is better, but at a steep price.