After a few runs with the HP11 I'm very pleased with it. It's comfortable to wear and gives more than adequate light output. The top setting (277lumens) is really only needed to spot something a long way away. For general running the 2nd setting (130lm) is quite adequate and if you are walking you can even use the setting below that.

I usually prefer a lamp with a diffuser but the beam is broad enough to use it without so I've taken it off at the moment.

They are available on eBay from Hong Kong sellers for just over £40 with free postage but I got mine from http://www.fenixtorch.co.uk/led_torches/fenix-hp11.html for £54.95.

At the price, I don't think there's anything out there to match it as an all-round fellrunning lamp.