I would bet if you spend a third of that price, go to just about any machine shop, you could convince them to make a sleeve type of thingy to fit over a mini-mag light WITH a compass (jack-in-the box popcorn quality). And if you make it long enough, you could use it as a walking stick. Seriously...

I don't think that it is worth more then $10. to me. But that is just MHO.... Epi