I would recommend the Quark Preon2 if you're already on 4Seven's site.
http://goo.gl/mtyuV

It's cheaper than the LD05, has lower lows, higher highs and 7 modes vs. 3 from the Fenix.

The Preon2 also comes with a 1xAAA body, a clicky button, and a key chain end so you can play with the configuration. Single or double AAA, clicky or twisty.

It is a far better value than the Fenix and I defy anyone to find this kind of performance or versatility in a big box store...unless it sells this.

Getting back to the original thread title, I would also point to the Streamlight pen light series.
Stylus - http://goo.gl/yKSCB MADE IN USA
Stylus Pro - http://goo.gl/aSTtV
Microstream - http://goo.gl/OixCB

While not as versatile as the Fenix and Quark, they are solid and a great value. All retail below $30 I believe.