When the light is still in production and within the 1 year mark, it sounds reasonable.
The question is what happens AFTER the 1 year and/or when the light is no longer in production and you need spare parts.
FYI, I have absolute confidence Surefire can match if not BEAT whatever Fenix has to offer in terms of After-Sales Service. (Leave out the timely response bit, SF takes about a couple of days to respond.) Btw, spare parts that was shipped to me by SF from California to Sydney was free of charge (The parts was free of charge as well as the shipping) and they shipped the goods promptly upon confirmation. That is my experience with Surefire.
To be fair to Fenix, I have not directly dealt with Fenix's manufacturer, so I cannot speak from experience. However, I certainly have dealt with Jetbeam's manufacturer directly more than once. For each and every time it was in regards to a light that is out of production at the time, and their success rate in rectify my problem EQUALS
ZERO PERCENT (0%).
The following is just my opinion, so I certainly can be wrong. IMO, Jetbeam, Fenix, Nitecore, etc all those "top Chinese" brands seems to have a similar if not identical After-Sales Services due to their apparent similar business model. If you have a look at their "Limited Life-Time Warranty" Terms & Condtions, you would understand what I mean.
In other words, my hypothesis is that they probably do offer a 1-2 year warranty. I do believe that. But their "Limited" clause is simply there to limited their liability to be obligated to "have a look" at the light if there's something wrong and nothing beyond that. While the "Life-time" component seems to be in reference to the flashlight itself as oppose to my expectation of being THE USERS' LIFE-TIME!!
My friend, don't be fooled.
Apologises if I unleashed too much fury.
Fenix offers a good warranty. When all else failed they sent me a replacement light and an apology. No other company has ever gone this far.