XYZ Adjustable Light Stand Holder for Small 123 Lights?

I've been looking for flashlight holder that will allow me to aim a small LED (123 diameter most likely) and attach to a standard 5/8" photo/video light stand.

So far the options are rigging rather large and expensive Manfrotto or Matthews grip gear or rubberbands and duct tape....

What I would like to find is a reasonably priced gadget with clamps on opposite ends (one for the stand, one for the flashlight) and maybe a ball head or two swivels, with adjustable locks.

I'd like to mount and aim several small LED lights running up and down a lightstand.

Perhaps I should design one and find a plastics manufacturer? But maybe one already exists? Thanks!

Universal Clamp Mount for Tripods (Holds up to 3.8cm Thick Objects)
Price: $2.71
http://www.dealextreme.com/details.dx/sku.14150

DX and KD sell a few small flashlights from Tank007 that have the threaded camera mount adapter built in.
Here's one from DX.
I don't own one so have no idea of their quality.

Here's one with a magnet on it.

http://www.leevalley.com/wood/page.aspx?c=2&cat=1,43456&p=62640

Home depot. 2 bucks:

Nutdip said:

Home depot. 2 bucks:

Click to expand...

Does that have a name? I was looking into the Loc-Line stuff McGizmo's put together but couldn't justify the $$$ for the number of times I was planning on using it.

Cheers

Verndog is making a beautiful, purpose-built light holder. Read about it in THIS THREAD if you like. The beginning is about the prototype (I got lucky and was able to buy one of those 5) but he's going to produce them in quantity due to the response.