Ok,so I'll admit,I went back to HD yesterday and looked at the Energizer Hardcase lights again.I looked at the 4D and can understand why you would get such a crappy beam.Then i started looking at the 2D lights and noticed that the base of the reflector is much closer to the emitter,thinking it might have a tighter beam.I looked through all five they had and found one where the emitter looked most centered.I took it out in the backyard tonight,and boy was I impressed!Tight central hotspot surrounded by a good sidespill.No doughnut.I love it!I dont know if it's regulated or not,maybe soon I will get it apart.Really not a bad deal for 25 bucks for an indestructible lux III 2D cell flashlight.If you have the need for a good work light,go for it.