What should I consider in my purchase? Any recommendations?
You should consider:
- beam angle
- beam brightness and LED emitter
- on/off mechanism
- whether it has multiple brightness settings
- what type of battery it uses, how many, how they fit in the light, and whether you can change the battery yourself
- whether it has adjustable focus (i.e. beam angle can be changed from narrow to wide)
Beam angle of 6 - 10 degrees is generally preferred for normal use. Wider beams are less useful (or useless) for signalling. Wider beams can also make it harder to see because they illuminate so much of the particulate matter in the water (aka backscatter) that it blinds you to seeing what's past it. Lights for video are typically 90 to 120 degree beam angle - but are useless for signalling.
The current standard LED that is used in MANY dive lights is the Cree XM-L2. It is rated for a maximum output of 1050 lumens (roughly). Some lights have 3 or more of them. They will go brighter, but at the expense of using up their batteries faster. A good light with a single XM-L2 is quite bright. Because of the tradeoffs involved, I prefer a single LED for my handheld lights. With a single LED, it can be bright enough and also still last long enough on one battery. If I want something brighter, I would still want it to last at least 1 whole dive on High, so that means having a canister to hold more batteries, instead of being cordless.
The newer Cree XHP-70 LED emitter can put out up to 4000 lumens. Some lights are starting to come on the market that have one of those. But, I don't know of any handheld lights with a narrow beam angle that use one of those.
On/off can be twist on/off, push button on the side, push button on the tail, or a slider on the side. I don't like twist on because they take two hands to turn on/off. I don't like sliders because they are too easy to turn on accidentally and not even realize it. Thus, I like a push button. Whether it's on the side or the tail, it should either be in a recessed area of some type to prevent turning it on by accident, or it should have some kind of locking mechanism. My favorite light has a push button on the side. You twist the button one quarter turn to lock it, so it can't be turned on or off accidentally.
Multiple brightness settings are good. Running on Medium or Low means the light can last a LONG time. And, if you're using it at night, you might actually prefer to use Medium or Low. High can be too bright for you and also blind sea critters and/or scare them off.
Batteries could be anything from alkaline AA to C cells, to one of the several sizes of rechargeable Lithium-Ion (i.e. 18650, 26650, or 32650). All the Li-Ion I listed are the same length. The 18s are skinnier, the 26s are in the middle, and the 32s are the fattest. The 18s can be had in a roughly 3300mAh capacity. 26s can be had in roughly 5300mAh capacity. I don't know what 32s are for capacity. I don't have any. And, some lights have a built-in rechargeable battery that cannot be replaced (at least, not easily and not by the end user - they have to be sent off for a new battery). Some people prefer that style as they feel there is no risk of ever flooding the light by virtue of changing batteries incorrectly. I'm willing to take the risk. I want to be able to swap batteries between dives, if I need to.
For a handheld (aka cordless - i.e. not a canister) light, I don't like it to be physically too long. A long light is a pain to mount on the back of my hand. So, for a cordless, I look for a light that is only 1 battery in length. Some have multiple 18650s that are side by side and those are an okay length. But, a light that has 2 batteries end to end would be too long for my taste. For my use, a good single 18650 will last long enough for one dive. A good single 26650 will generally last long enough for 2 dives. Thus, my favorite lights use a single 26650. They are fatter than a light that holds a single 18650, but not "too" fat (for me).
All my lights are fixed focus. Most adjustable focus lights are really expensive, but I did learn recently that the Tovatec Fusion 1000 is out there and available for around USD$130 and it has adjustable focus. I am thinking about getting one to try it. In the meantime, my absolute favorite light is the Xtar D26 and they are on eBay for around USD$63.
And that is what I think you should consider in your purchase.
Cheers!