Quoted:
No more than $150ish.
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Damn, can't help you. I just ordered a Cloud Defense MCH-EDC "dual fuel" light.
It appeals for a few reasons. My current EDC is a Surefire Aviator (single CR123A) and I like it, but it's less a "duty" type light and more of a utility light.
Most of my Surefire lights are great and putting out bulk lumens, and often poor UI if there are any other output modes; and Surefire hasn't really jumped on the 18650 bandwagon.
What I want is a light that can be used for tactical/defensive uses like a typical Surefire, but I also want the ability to step the output down (easy UI) for utility which is likely 90% of my uses.
More importantly, the battery. While 18650 is pretty much universal (and many makers are even bumping up to the 21700 sized batteries).
I still like 18650 as a good light (like this dual fuel) can be backwards compatible with two CR123As or their equivalent of the 26650 lithium ion (= two CR123A) batteries. This gives you a lot of flexibility and backup options.
I do have several 18650 lights that I really like, most are headlamps, that I really like and can attest to their robustness and performance:
ArmyTek
Wurkkos
Zebralight
Olight
Obviously, all those are Chinese made, but I doubt you’re going to find many options under $150 that are American Made (maybe Streamlight?).
ROCK6