As noted it is a floody light, which is just what you want for a worklight situation. I have been using it around the workshop and am generally happy with it. I see it as a good replacement for the Streamlight Propolymer LED 4AA, the older flood light that had 7 LEDs. (And old propolymers tend to fail, in my experience. I've sent mine back to Streamlight for warranty repair 3 times, I think, because of dead LEDs.) The knucklehead is brighter and regulated, and I think the beam is a nicer color (not so blue) and smoother.
The things that bug me about it are that I wish the articulating head would point down. If I tailstand it on my workbench it can only point out, parallel to the workbench. Sometimes the strong magnet snaps to things I don't expect. (The magnet can be removed; maybe I should remove it.) And the biggest irritation: the power switch. You have to hold it down for a long time to cycle from high, to medium, and then it goes to the blinking mode next. To get to moonlight you have to hold it down a ridiculously long time (8 seconds, I think) while you watch it strobe. Pretty much makes moonlight mode useless. I would say medium is adequate for most worklight applications.
I run it on 4 eneloops. If it were designed just for AA batteries they probably could have fit more in or made the light more compact, but it uses a battery carrier to maintain compatibility with some legacy NiCad system that Streamlight has, which sure seems ridiculously expensive. I for one am happy it runs on AA. Probably would not have purchased it if it used D cells.