Glad you like the Terralux.
At least Maglite is still improving the LEDs they use in their LED models, so many people will be happy with the stock LED models, if they're in the market for a new LED light. Maglite is not using the most cutting edge LED technology, but considering the volume they deal with and the profile of most of their customers, I wouldn't say they are falling behind their competition either (and to me, their competition are companies like Streamlight, Pelican, Inova, etc. and not more niche companies like Fenix, 4Sevens, Nitecore, etc.)
I mean, c'mon, one of my all-time favorite LED lights--the Streamlight Proplymer Luxeon--is still using a first-generation LED, and we're way, way past that stage nowadays. But hey, I guess the ProPoly still meets people's needs, and people keep buying it, and so I guess it's OK. Actually, that is *still* my main glove box light in both my vehicles, and I have no real complaints.