Yeah, you show me a keychain light that runs on button cells that can light something up a mile away and I'll buy it!
As far as actual lights... I have stock a Mag (though I hate to admit it), several brighter than stock incandescent Mags and one Lux I Mag and a few Lux III Mags. Now, maybe it's just because there's less overall light with the Lux III and what is being put out is put out straight without TONS of sidespull, but I could swear that the Lux III lights have more throw than my brightest incandescent Mags which I KNOW put out more total lumens. Again, I'm certain it's just an optical illusion since the bright incandescents are putting out so much total light.
For example, I can shine my UX1L that runs at 937 mA on three tops two number blocks away. My address is 1702 and when the moon isn't particularly bright, I can light up the trees behind 1802, 1806, 1810 etc... and with my Brightest MAGs, they will only barely light up. Or there's a particular water tower that is surrounded by total darkness and comparing the same UX1L or even a 3D Mag with the Craftsman PR base 1W bulb, it lights up a very nice circle whereas with the bright incandescents, they just sort of make the water tower slightly brighter rather than a well-defined brightspot.