Newegg has the Rosewill RLFL-11002 220 Lumen Bicycle Flashlight for $25 - $5 off with coupon code EMCYTZT1581 [Exp 5/12] = $20 with free shipping. Features a high strength aluminum body, 3 watt Cree LED light output, and includes Bicycle Bracket.
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the law says that a bike must have a light on it at night.
it you are out on a bike at night w/o a light and a motorist hits you, they will most likely not even get a ticket as long as they dont leave the scene of the accident.
^ The requirement varies by state and whether a motorist gets a ticket depends as much on the situation. For example if an eyewitness claims the motorist was speeding, or was on the wrong side of the road or drunk, etc. it is not likely they won't even get a ticket.
"Powered by three AAA batteries" ...pass
why not use cheaper, longer-lasting AA batteries?
^ Because then it would cost them more to make it. Either more plastic for the 3 x AA battery chamber, or they'd need a boost circuit to reach the LED forward voltage with only 2 x AA. However, they should have absorbed that cost when it's a $25 light, I would have rather it were 4 x AA with a buck rather than a boost drive circuit, or more than 4 x AA or 18650 Li-Ion cells if there were a remotely mounted battery pack.
As usual, Rosewill's specs are very misleading. It is not likely to output 220 lumens out the front ever, and if they ran it at 3W drive current then it would run for about 75 minutes not 10 hours. It probably does put out a little light for 10 hours, but has dimmed to less than 30% of the initial output after 1 hour.