They both bear a striking resemblance to the one I just saw recently on CnQualityGoods, current price $45 plus small shipping fee:
http://www.cnqualitygoods.com/goods.php?id=1514

Thanks both for your links. I try to keep up with headlamps, but have been discouraged. It as if no one makes a decent reasonably-priced XM-L headlamp, or even with XP-G! Makers are really slow to the party. Everything is XR-E, usually 3 x AAA, and poor heatsinking. XR-E can be okay if other factors are good, so the DX one above is still encouraging if heatsinking is good, and the price not far from very low quality items.
The DX item has a thread inquiring about heatsinking, but there is no authoritative answer yet. E1320, can I solicit a comment? Also, can it fit 26650? (The battery compartment looks quite large. I wonder the same for the Keygos, which is made for 3 x AAA.)
Mentioned in that thread is a is a stupid feature of a red flashing light which is not designed to be disabled. You gotta wonder what some people are thinking when they design stuff.
The CQG one I'm listing is sold more as a bike lamp, I think. It uses 4 x 18650, which is a lot of batteries to purpose for one light. I think I may like the idea of not carrying the batteries on my head, though. I worry about the weight and balance of all these, and wish there were someting with a less protruding reflector (more flood); it could still have good heat sinking. Funny sidenote: CQG has several low-end headlamp models which can be had on Ebay much cheaper (although CQG advertises theirs have Q5, which I'd trust more than an Ebay seller). CQG brands these as "Yezl" brand, yet everywhere else they are sold as no-name/generic, and I see no evidence of any branding in those CQG's listings.
I am really ready to buy a decent headlamp. Hard to stomach nearly $70 for a Zebralight running an XP-G or even XR-E with AA battery, even with the good UI and high quality (and CPF'er appeal). XM-L can put out a lot of light at even 1 watt, very good at 3 watts which is what most low-quality headlamps draw, so in my mind there is no excuse to not have a glut of good, reasonably priced XM-L headlamps out there, even if underdriven.
By the way, there are also some XM-L headlamps similar to these 3 showing up on Ebay, though the price is not as good as garrybunk's Keygos link.
I hope the OP considers this on-topic, not-so-secretly hoping this evolves into a thread about any new exciting/decent headlamps out there. For years, there really has only been the Ultrafire UF-H* series as a semi-quality budget alternative (that I know of). But those, despite being only XR-E except for one XP-G model, reportedly have heatsinking and other issues, plus they're still not so cheap for what you're getting (in my opinion), and I missed out on the DD promotion ): .