If you want an LSH-P amd think it's worth the money then buy one. What's the big deal? As others have said, you can resell it later and get back most of what you paid.
That said, I find the LSH[P] a little bit large for EDC. I'm waiting for a DSpeck-made Firefly (a/k/a tvodrd mini-123). The LS4 is interesting because of its dimmability and because it may be smaller than the LSH. The LSH is a real nice light and I'd be happy to own one, but I'm doing ok without it. I edc an Arc AAA (wonderful!) and back it up with a UKE 2L (weighs about the same as an LSH-P, costs 4x less, and is much brighter, but is a little bit larger and is a 2-cell incandescent). For the time being (until finances get better) I see a good 123-powered 1W Luxeon light as something that would just be nice to have because of its coolness factor, but not as something really important. Incandescents are less sexy but they're still very functional.