Fenix's new lights are great. Other's include the PD31 for a small portable, and the TK35 for long-range high beam, use 18650's and you're golden.
This light is plenty bright, sturdy built, and fits the hand well. Great replacement for your common household our camping flashlight.
Other pluses include: a button for brightness/mode selection,brighter and more efficient than past models, waterproof rated, and doesn't have the over the top styling of the tactical version of lights.
Upfront cost are higher on these new LED flashlights, but the size, weight, brightness, and ability to use 18650 rechargeable lithium's make these great lights. I am starting to wonder if the big battery companies like Duracell and Energizer are not mass producing and marketing rechargeable lithium's so they can preserve their current sales/market on alkaline's.