Looks like a decent deal on a reasonable spec single-AA flashlight (meaning you can put all those Eneloops to good use!)
According to camelcamelcamel, it's the cheapest price ever for this light
http://camelcamelcamel.com/Fenix-Flashlights-E11-Lumens-Flas…
From Amazon's item description:
- Portable and durable flashlight made of aircraft grade aluminum with LED bulb giving off constant brightness of 105 lumens with total lifespan of 50,000 hours
- Premium Type III hard-anodized anti-abrasive finish; high-efficiency total reflection lens and two brightness levels
- Runs for up to eight hours on a single AA battery; 3.8-inch length, 0.75-inch diameter, and 1.1-ounce weight; impact-resistant to 3.2 feet and IPX-8 waterproof to 6.5 feet
- Comes with flashlight, lanyard, spare O-ring, and spare rubber switch boot
- Includes limited lifetime manufacturer's warranty
Has a measured runtime of 1.8 hours on high, and 8.4 on low - see http://kenrockwell.com/tech/fenix/e11.htm
First rule of Amazon Posting, include an affiliate link! ;-)