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What? $70 for that? Come-on! I just purchased a 1000 lumen LED CREE flashlight for $30...
My problem with this light also is the mounting. First, it mounts to the handle-bars...uh, that's where I put my hands...second, it's mount is too short. My hands would constantly bump into it. Why can't they create a mount that attaches to the handle bar post? That's out of the way and causes no interference?

Meh...doesn't matter anyway...I'll never buy a $70 bike light!