+1 on the nitecore i4, have one myself.Also, I think dks ment blf (budget light forums) instead of bf (blade forums)
Does get a bit warm though
Many AA lights just can't handle the heat generated by 14500's' I ordered a light recently that advertised that it could take AA OR 14500, but when it came in, it absolutely would not work with Any AA. Since I had recently purchased the Fantastic Intellicharger I4 Version2 charger(which will charge just about Anything), I went ahead and ordered a couple of 14500s just for that light, but I normally run Sanyo Eneloops in my AA flashlights, and I have never had a problem.
The only thing I can knock with the batteries, and this is both a pro and a con and is I think what I wanted, is that when they run out they go very quickly. Yesterday i went out in the dark with my torch working quite happily on all brightness levels. Within 5 minutes it would only manage slightly more than low.I think I'm going to have to just change the battery every few days so I don't get caught out.