I love(d) my Magicshine but they did have that little problem with the battery recall; I'm still waiting for my replacement battery pack. A current update on the geomangear website (as of June 6th) says that the recent Japanese disasters have pushed the replacement program back 10 more weeks. They are selling the new versions for $90. I may buy one just to have a spare. This way I'll have two chargers and an updated light.
Plus, if we can get the OP to order one, Geomangear will have a bit more money to send me the replacement battery pack! Ok, actually I did just order another light. I really do need a spare and this way I'll be able to take the significant other for an evening ride.