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The edelux were on offer at Spa Cycles, maybe worth giving them a shout?
I've only used the B+M a couple of times as I now need a new BB because chainline/barends/shiftingnightmare but was pretty awesome-I went along an unlit cycle path to the nearest pub a few miles away and the difference between battery operated regular LED cree style lights and the flood/intensity you get from the dynamo is fantastic, felt like it could have been a motorbike headlight so I'm happy and it will charge all my gubbins too :D
Not heard anything about water ingress-the only thing I don't like is the plastic case and the metal bracket to mount it to the frame feels a bit vulnerable. I'm pretty sure if there was a crash or any kind of lateral impact it would just sheer off where the mount joins the plastic.
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yeah SJS have the first edition on offer too... I should have clarified I'm planning on the edelux 2 since it looks to have a better shaped beam and a bit more brightness. Spa might have the newer ones in too, though - I'll have a look.
Thanks for the feedback on the B&M. Glad it's working out for you. I can't remember where I read about the water ingress issues. One of the many forum threads or blog posts out there I guess; it wasn't 'on here'. Hopefully it's something that was a one-off issue, or has been fixed.
How's that front light holding up for you? Edelux are still out of stock at sjs so my mind has wandered back to maybe getting the b&m. I've heard its not so reliable in the rain though.