Picked up a white one at the Rome Wal-Mart last night for $4.95. Am impressed with it so far, only drawback is you loose the ability to go from spot to flood. Light is a lot brighter overall.
L.E.D. Upgrade

Looks reasonable, and not too bad of a price either. Only issue I have is that I don't have a mag-lite. I will vouch for the brightness of LEDs these days, my Inova X5 works wonders for night caching. Feeding it CR123 lithium batteries is a problem though.

Personally, I like my 3 million candle rechargeable floodlight. It may weigh a little more than the mini maglite, but It sure changes the night into day!

We have the LED coversion kit for the maglite and it is very good. You might want wait as Maglite will be coming out with a LED version of their light. Dorsy also makes a great LED flashlight.