I think you're right on #2, haha. Sucks because I really liked that Illuminati. Ended up replacing it with the titanium ITP, which was a bit cheaper. I think on the CR123 light the push-button switch was a bit exposed, so it kept turning on in my pocket. The Jetbeam has a recessed button with a steel tailcap and really simple modes which is a plus for me as I never use the strobe, etc... Anyway need to get more active on here as I love looking at the photos of everyone's stuff!