Product review (5 stars): no better option period. Highly recommended
This GE series (together with the 51140 outlet, http://www.amazon.com/gp/product/B00032ATVK) has no equivalent on the market.

First you have 8 channels to chose for devices in your house.
Second, you can have your own "house" code (4 options) so if your neighbor has one of these, you can just change the code and problem solved. Effectively you have 32 channels to choose from.

Third, you can get as many remotes as you wish, so I have a total of 3 remotes in my bedroom: one of each side of the bed and another at the entrance to the room. If I had to re-wire the bedroom just for that, it would have cost me a lot more the roughly $45 bucks I paid for the set, not to mention the mess involved.

Before I had this product, I had a simpler ones I picked up at walgreens a few years ago. They were $17 for the set but the code was fixed so I had to buy a few sets just to get additional remotes (so it wasn't cheap anymore). Worst of all, I had a neighbor with the exact same device (same code) so every now and then, he used to turn the light off in my room, at the end I just scraped the idea.

Even my wife, who hates anything that has to do with electrical gadgets loves this product.