This is outside of your budget at $80, but you might find it worth the extra bux: http://www.amazon.com/gp/product/B00...?ie=UTF8&psc=1

It's a terrific light for seeing and being seen. It has built in charging via USB of the included rechargeable AAs. It's the best of both worlds because you can both carry spares and recharge easily. The beam is very good and functions more like a car headlight, and less likely to blind drivers than other lights.