For whatever other shortfalls they may have (price/availability mainly), I still think that the WMX200 by far has the best currently available tailcap setup.
Dual function tailcap that is both a push button and a tapswitch port, including tapeswitches with integrated "buttons," half-press for low power light (if you should need it), full press for high intensity white light, double click for constant-on.
If the tape switch breaks, the push button function is mechanical, and does not depend on the switch electronics at all, and you can still use it even if the whole tape switch gets ripped out of the socket. Low profile and protected.
I'm also looking forward to the Surefire SL tailcap if they ever release it - basically an XM tailcap, but for Scout format bodies. It is, of course, currently vaporware, however.
~Augee