LEDcandle makes an interesting point about the new/Gen-2 KL3's versatility when combined with a beamshaper. OTOH, that additional bulk might tip it into the borderline uncomfortable size for some. Different strokes...
Frankly, I've given up looking to LED lights for practical "throw" in urban/suburban environments. While the new KL3 has fine throw for an LED, it just can't punch through all the "ambient light" clutter from random street-lights, houses, etc., like an potent incan will. For that, I just whip a Pelican M6 or SL Scorpion outta my off-side pocket when out walking.
One Light just ain't enough! A bunch for for Flood, another bunch for Throw. Gotta have back-ups, just-in-case... and lights for little pockets and big pockets... and all your cars... and stashed in various rooms, coats, briefcases, tackle-boxes, and -- ya know, THEY will never understand us!