Personally I'd go for a Planet Bike SuperFlash/Blaze combo if you can swing it. I still wouldn't trust them in really bad weather, but that combo would be OK by me in clear weather.

That set runs even cheaper, $36 CAD at MEC, don't know if the lights would be any brighter tho.

One thing I've learned over the years is that cheap bike lights is expensive - either they break and you have to buy another light, or they turn out to just suck and you wind up buying a better light anyway. I have spent far more money on cheap lights that sucked than on my current setup that's really good.[/QUOTE]

What is this setup and if you mind me asking how much does it go for?