Well, not really, since there isn't a single, one size fits all answer, but, still, it should make for a lively discussion. So, which camp are you in? Many moderately priced lights, or a few high end units? BTW, this was prompted by a thread elsewhere, parts of which I excerpted so you could get a sense of where I am coming from. My whole collection is laid out in post nine. I did some quick math and I figure I am somewhere south of 2k including various drop ins and whatnot. Eighty lights for 2k, costing an average of $25. If they were all only Surefires, at an average of $200 a pop, I'd only have ten lights. And since I think the international rule for flashlight collecting requires twelve to have an official collection... Anyway, if I had eighty Surefires at an average price of $200, I'd be out 16k. And we've all seen the flashlight over at CPF and know that more than a few people have that many. Now, I have to ask, who's having more enjoyment when value is considered?