I use a switchable Xenon/led headlamp for my outdoor adventures. The Xenon is fantastic for night excursions in the backcountry, but there's nothing quite like the soft blue glow of the LED for reading, cooking, and general nighttime backcountry chores. And iGary is quite right, in LED mode it consumes very little power.
And it's also great for working on PCs, the Jeep, finding your way to the bathroom at night

...all hands-free. The down side, the cost is about $39. But the utility is worth it, IMHO. As far as a value light, iGary found the ticket--I may have to run out to Wally World and find one!