Yeah, that is my lamp of choice.I get the Energizers from Wal-Mart. $10 and last for years. And if it breaks, I can easily afford another.
The idea with red is that it won't destroy your night vision.
Mine has two red LEDs, one white LED and a krypton spotlight. I got it at K-Mart and it's the only place I've seen them. The spot runs down the battery much faster, but it comes in handy when you need to see more than a few feet briefly.
Get something that says "Made in China" and see how long it lasts.I miss the time when that used to actually mean it was high quality.