Picked up one of Duracell's headlamps its actually quite nice for $13 i would have passed probably if it was the full price but thats just because i am cheep :)
http://www.duracell.com/en-US/product/daylite-headlamp-3aa.jspx
It has the bands around the head and over the top with the 3AA holder in the back so balance is actually quite nice.
As for which emitter is in this fella no idea I might try and upgrade it someday just for kicks but for now it is more then bright enough for my needs. Package says 80 lumen and I actually believe it i was surprised how bright it really is! for average headlamp usage its just about right. bright enough to illuminating across the street comfortably but not to bright as to make close in work uncomfortable.
No modes no flashing.
It has a red LED on the battery pack which could be nice if your walking or riding in the dark.
Great little light and i am never really all that happy with normal store bought light its just well made and well designed imho optics are ehh but beam is good enough for my needs :)
I was pleasantly surprised with this light for the price i figured someone might like to know about it!
I can give a real review if anyone is intrested or wants specific info!
Thanks,
Matt