Originally Posted By: freeballer
...I'm looking at some maxpedition bags and a double sheath pouch that, hopefully, would hold a good 1-2x AA/CR123a light and my leathermate multi-tool for quick, easy access to each.


Nite-ize makes a pouch specifically designed to hold a flashlight and multi-tool together. It's a tad on the large side (I have the big brother version to this one) but really well made.

www.niteize.com