i have 5 ultrafire 501b's 3 x P4 sku:6090 2 x Q5 sku:11622 1 x R2 sku:11836 
Romisen RC-M4 3V~8V Cree 1-Mode Flashlight (2xCR123/1x18650)  
Price: $17.30 
http://www.dealextreme.com/details.dx/sku.7934is a good host to with a better finish than the ultrafires 
solarforce L2 is a good P60 host but you have to wet and dry the barrel abit to fir protected 18650 cells, but protected ultrafire 17670 cells fit as do protected rcr123's
i am abit of a flashaholic 

fenix are ment to be bring out an 18650 light. till then the Derelights are my preffered carry.
1S(1-stage) cree XR-E Q5 module
Input Range: 2.8~4.2V 
Output Range: 1.2A 
Battery Type: 1x18650,1x17670 
Features: 
 constant output at it's fully input range 
 over discharge protection 
$32
http://www.dereelight.com/module-list.htman outstanding module