Ors, the L1 is a nice light, pretty large for a 1 cell light and maybe not so up to date any more. Depends what you want it for. Personally if I wanted a high end 1 cell 2 stage LED light I'd skip the L1 and get a McLux III PD which is a semi-custom light and just beautiful, though somewhat more expensive than an L1 ($200 to $250 depending on setup). That's still somewhat less than the lowest priced Sebenzas, to put it in context. In pure functional terms it works out about the same way: the PD is a just a flashlight and a Sebenza is just a pocket knife, and you can find alternatives that do the same job about as well for a tenth of the cost, just without the "ooh" factor. If you're a flashlight or knife buff, the PD and Sebenza are both exquisite and worth every cent.

If you're not into being a connoisseur and you just want a nice bright LED light of this general form factor, try a Nuwai Q3 at around $30. It's 1-level but there are 2-level mods for it over on CPF.