I hate front blinkies - yes they grab your attention but they don't help judge distance and they make it hard for the people in front of you to see anything else.

I suggest two front headlights - you can use one or both for extra visibility and redundency if the batteries go out on one. Bike shops will sell you an accessory mount that'll get the lights up above your handlebar bag. I don't like helmet lights either but they may be a good choice for you.