They’re £90 now.
It’s not about lumens/£, the 872 has a much wider beam pattern as well as being brighter. Think most lights are past the point of “bright enough” but usability still varies a lot. (there’s newer magicshines with bigger numbers but I’ve not used any of those myself)
The cheaper/older magicshines are splash-resistant at best, I had one of the old P7 ones and ended up sealing it up myself and that made it scotland-proof… But my newer one didn’t need that, it’s been well tested in orrible conditions, exactly as it came out of the box.
Think if you tried one of these higher quality ones you’d be pleasantly surprised. I understand where you’re coming from though, the cheap ones are great value and got me out at night, but it was a pretty shoddy little thing. TBH they could probabkly do with running a dual-brand thing and putting a new name on the better ones.