It is me, Grun, and you probably already know my answer.
I like to bash the Vega and Cygolite, and for good reason. I have a flashlight that costs $20 and it ended up brighter than the Cygolite DualCross 300 that costed almost 10X the price. It made me sad.

Anyways, Fenix has a P3D CE that pumps out 160 lumens, about twice as bright as the Vega, and at about half the price. Vega gives only 85 lumens. The P3D CE is lighter and smaller than the Vega as well.

You can also check out Wolf-Eyes Cree Editions.

I have also successfully created mounts for tactical flashlights, without using velcro and TwoFish, as well, it has Quick-Release built into the mount mechanism. Power, function, lumens, weight and size were all advantages of the Crees, with the drawback being mounting a flashlight to the bike. That has been resolved.
Q5 Cree's will be out soon, and they will pump out more lumens. And Rebel 100's are being advanced.

That is correct, the Vega overvolts a luxeon LED, as does the Cygolite. If you can hack the Cygolite and mod a Cree Star in there, you would expect even more lumens than the Fenix! Essentially, a Fenix overvolted!