Near my home town there is a large store that sells all kinds of goodies which come from, I supppose, bankrupt stores or overstocks and the like.
There I found some LED flashlights. The smaller one contains 9 white LEDs and three AAA cells in a cartridge. The case is made of metal, is waterproof being sealed with O-rings, and looks like it was machined. And the thing cost only $3 with the AAA's. It works just great as it illuminates the area you point at very nicely. It does not throw a sharply focused beam.
The second size contains 16 white LEDs and is similar in construction except the housing for the LEDs is larger. It cost $6.
Now how can a Western manufacturer compete with this? These were made in China. I can't even buy 9 LEDs for $3 let along 3 AAA cells and a waterproof body.
Just my rave.
Al
PS: I forgot, the larger one comes with a holder you attach to your belt.