I bought the 1AA Compact Light (clip light) at Gander Mountain yesterday for $69.95 and it's kind of fun. It'd probably be more fun with a green light that was always on, rather than blinking as a "find me" light.
One annoyance I've discovered is that the clip gets stuck on narrow belts, which makes quick removal from the belt to attach to a hat brim can be greatly hindered.
Some things I like about it:
1. Individual switches for each color light.
2. Three light levels for the white and red lights.
3. Can switch from red to white and back just by clicking the button for the color that you're going to, and the brightness levels will be the same when you come back to them. If you're in white low and then switch to red, then back to white, white will still be in low.
4. It remembers the light level, if you've been at that level for about three seconds or more.
5. The light feels good in my hand and the buttons are easily operated.
6. Nice, large hot spot for white.
7. The light can slip on to the clip from either direction.
8. The tail cap is tethered to the light, so it won't be dropped and lost while changing batteries.
9. No glare into the eyes when using it as a hat brim light.
10. When mounted on the clip, the light stands securely on a table at multiple angles from horizontal to 90 degrees.
11. It will tail stand on a level surface without the clip, but not real stable.
12. 1/8 turn of tail cap will lock it out all of the switches for safe pocket carry.
13. Clip is quite strong.
14. Tail cap has two large tabs for easy grip for removal or replacement.
15. Clip locks securely in the closed position.
16. Feels better on teeth for mouth holding than metal lights. Tastes better when mouth holding than rubber lights.
17. The tail cap tether and the switch for the blue and green lights are orange, which makes the light a little easier to find in low light if you drop it without any lights being on.
Some things I don't like:
1. The beam for the red isn't that pleasant.
2. It's a bit heavy when clipped to the hat brim.
3. It's profile is pretty thick when clipped to the belt.
4. Remounting the light on the clip isn't near as intuitive as reloading a light in a holster. Takes a bit of practice to get it back on the clip without looking or by feel in the dark.
5. Only 2 locking positions between closed and open to 90 degrees.
6. No momentary on for the white or red.
7. The green "find me" blinking light is brighter than it needs to be to serve that purpose.
Other observations:
1. Either the red or white lights can be shut off quickly without cycling through the levels if you haven't had it on for three seconds or longer and want to start it back up at the same level (other than the brightest level), by cycling the switch for the green "find me" light (or the blue light). For example, if you want a quick flash of low white, and want it to start up on low the next time also, turn on the green LED quickly and then back off. The light will then start back up in the low white setting, rather than the high white, as it would if you just turned the white on in low and then turned it off quickly using the switch for the white light, which would result in it starting in high white the next time.