I am have been comparing some XM-L options for my bicycle and came across this magicshine clone from manafont.com at a nice $57.70 price:
http://www.manafont.com/product_info...-418650-p-7107

I actually came across it on the budgetlight forum but so far only one buyer has purchased and reviewed the light but the review was positive:
http://budgetlightforum.com/node/2830

I did some calculations and at this price it is $10 cheaper than solarforce L2 with charger, two batteries, and a twofish holder. It is only $10 more than the getting a ultrafire wf501b, ultrafire charger, and the $9.99 trustfire batteries twopack from DX.