Get both. Replace the Mag with the Peak LED AAA for your EDC and put the Photon in your PSK. If you use your EDC at all and if the Peak is as good as the ARCs were, you will like the improvement in your EDC a lot. If you want to try out a AAA 5mm LED as EDC without spending much, get a Dorcy AAA LED - right at $6 US off-the-shelf. The ARC/PEAK AAAs are a vast improvement over the solitaire.

One of my EDC items is an ARC AAA Premium and my PSKs have Photon II - that all works out extremely well. I have not used a Freedom because my Photon IIs all continue to work just fine, including after battery replacements on the ones that get used frequently.

There is no bulb on a Photon. You are seeing the solid bit of plastic that protects the LED junction. It will not break off, trust me. LEDs are at least 2 orders of magnitude more robust than bulbs.

HTH,

Tom