I have had the same Ray-o-vac headlamp for a couple of years now. It is cheap and it does work, but the light output is fairly weak. It is OK for close work, but not too good for distance. Better than nothing, though, and affordable at the price.
I also have two Black Diamond Xenix lamps (purchased for $25 each from
www.steepandcheap.com), and one Princeton Tec Eos ($40 regular price). Of those, the Eos is my favorite because of the multiple light levels, and the Xenix is a close second.
After owning some "real" head lamps, the Ray-o-vac is something that I will just let the kids use.