For my first lighting set, I picked up this Zefal LED front/rear light set from Walmart for 20 bucks: http://www.walmart.com/ip/Zefal-LED-...-5620/14264318
The tailight is good. Nice and bright, and the blinky patterns really help get your attention in the daylight. The front light in flashing mode also seems good for daytime use. But for night use, the front light is AWFUL! It barely looks like a candle shining on the road in front of me. Get what you pay for I guess.
So before my next night ride I'm thinking I really need to upgrade this front light. Is there anything available for around $50 or less that actually puts down good, usable light to let you see road hazards at 10-15 mph? I'm thinking rechargeable would be preferred.