This SkyRay King, with it's three XML-T6 emitters is about as good a bang for the buck as you're going to find anywhere. I've been using mine at work for over a year now, with no problems at all (except that I did almost lose the button that activates the switch when the threaded ring that secures it worked loose once). Mine just has 2 brightness modes, starts out on high, every time, next click is medium bright, then next click is off. There's not really any, low brightness, battery saving mode on the one I have, so it probably goes through a fully charged set of batteries in an hour or two, even on medium brightness, which I use the most. The non adjustable beam reaches right out there, while still providing plenty of flood. The slightly more expensive model that has three XM-L u2 emitters is slightly brighter, and the Skyray Kung I bought, with 4 XM-L U2 emitters is really the best of the bunch - noticeably brighter, with noticeably longer throw but also noticeably more expensive (although still a killer deal compared to almost anything else out there)! The models with more than 4 LEDs mainly just throw a "floodier" beam, drain the batteries quicker and heat up much faster and hotter (but probably good for bragging rights).
This flashlight truly is the King of them all. And I was very impressed with the quality of the flashlight I received.
Came with a proper paracord lanyard (not like the one in the picture) and also a spare o-ring.
All three emitters were pulling equal power, and due to the difficulty of measuring tail current draw, I gave that a miss.
My guess is that the current draw would be around 6-8 amps at the very least.
The beam pattern is very nice, the spots overlap nicely, no funny ring shapes.
The best thing about this Lightmalls Skyray King is that it was perfectly manufactured. The light had absolutely no flaws, there were no scratches on the anodization, the machining was flawless.
Overall, this flashlight from Lightmalls is incredible. It is a must have for any flashaholic, or even a general flashlight user.
Keep in mind that you do need 4 18650 batteries, I personally recommend Sku: M0021
Thank you very much, Lightmalls, you have a very happy customer here!