Welcome to the boards!
I literally just picked up a Petzl Tikka XP2 a few weeks ago. It's awesome --> http://www.amazon.com/Petzl-E99-PG-H...4169886&sr=1-1
I had some Home Depot off the shelf one before , but this one is so much better. Super bright and the flip up between spot and flood works very well. I can light up most of my backyard with this.
Probably not bright enough for speedy mountain biking but hiking / backpacking, I would say it's damn close to perfect.