Polak, I agree 100% with you!
I, uhhh, have a friend <img src="images/graemlins/wink.gif" alt="" /> who has 4 Traser Glowrings, and I agree 100% with your assessment - very cool but very expensive and not particularly functional for the money. They are supposedly illegal for import into the US because of the tritium inside.
Here's a link :
http://www.gadgets.co.uk/cgi/refer.cgi?refer=awin-glowring&page=glowring.htmlI can't think of many uses for them that couldn't be done more cheaply by some other product.
I *did* put one on my car keys so I can find it in the Hellhole of Calcutta that is the bottom of my purse :-)
JMHO