Agro
(Agro)
13
I disagree here. In all but few cases flashlight weighs more than battery. Even the lightest lights could be reduced by 10% (cell included) if they had mg shells, most would be close to 15-20%. Overall not a killer kind of feature but definitely nice to have.
Overall - I’m reading through the topic now. 
The toughest Mg alloys (f.e. Elektron 675) are way tougher than 6061 and close to 7075, have adequate thermal properties and are much lighter. There are some advanced surface finishes available (like Plasma Electrolytic Oxidation) though I’m unsure how do they compare to anodized alu. Cost….is surely a factor but I believe a high end light could be very good when done with Mg.