urbansurvivalist,
Head on over to
www.candlepowerforums.com and do a search for "oxyride". Lots of good info there. I waded through a bit of it and the consensus seems to be that the oxyrides are better than alkalines for high drain, intermittent use, devices (digital cameras), but inferior to alkaline for low drain or long use devices (transistor radio, work light).
Regarding use in flashlights, the higher initial voltage provides a brighter output than alkalines. This might be good for a light that you use only in short bursts. That said, the oxyrides performed poorly (compared to alkalines) when doing constant run endurance tests in flashlights.
The oxyride also has a flatter discharge curve than an alkaline, but in continuous use it falls off sharply (which may cause problems with regulated flashlights).
There are some superb AA battery discharge plots at:
http://www.candlepowerforums.com/vb/showthread.php?t=64660&highlight=oxyrideThe Panasonic Power Edge (Oxy) battery stands out with its unique discharge curve. There is no free lunch here though. The Oxyride may or may not be a good solution depending on the device used and the length of continuous use.
Good luck, TR