Hi ephesus.
Just saw your thread and thought I would add my bit to it also.
I've always liked the LED Lensers, especially the P5 and P7 because of their reasonable output, good throw, and focus mechanism. Only problem was no regulation which was a real show-stopper for me. There were simply too many better, brighter and cheaper torches out there.
However, that all changed when I recently purchased the M14, which has great output, great throw, is regulated, and is not too much bigger than the P7, although much fatter.
It's reasonably pocketable (if you have large pockets), is a great torch (yes I know this might be deemed treason on the forum) and I really like it's focus mechanism. A little pricey but that's OK, so was my RRT-3!
Absolutely recommend the M14, and it's powered by 4 AA's.
Just one thing that lets it down, and that is the belt clip. Once you put the torch into it forget about getting it off the belt. You are more likely to rip your belt off clean through before the clip lets the torch go!
I eventually took a file to mine and filed off a significant proportion of the knobs that stop the light coming off. Now it's fine.