A flashlight, comprising: a light assembly, said light assembly comprising: an electrically powered light source, namely an LED, wherein a power supply including one or more batteries is provided; a flashlight bezel in which the light assembly is disposed, which bezel is adapted for attachment to a flashlight body; a flashlight body; and a flashlight reflector having a hole in the bottom of said reflector through which said LED (12 and 22, respectively) is disposable when associated with the reflector, characterized in that said light assembly further comprises: a thermally responsive current-controlling element in electrical communication with the light source and positioned to regulate electrical current flowing to the light source, wherein the thermally responsive current-controlling element is a thermistor; wherein said LED is attached via an epoxy to a printed circuit board (PCB; 14), wherein said thermistor is attached via an electrically conductive solder via one surface to the printed circuit board surface opposite the printed circuit board surface to which the LED is attached, wherein an electrically conductive solder is also applied to a portion of the face of the thermistor opposite that facing a surface of the printed circuit board wherein said LED, said printed circuit board, said thermistor, and said electrically conductive solder are each round, but of different diameters, and wherein said LED, said printed circuit board, said thermistor, and said electrically conductive solder are concentrically aligned when assembled; and wherein an apron of the reflector engages an inner surface of said bezel, wherein the lower portion of the reflector is machined to contain downward-extending lip that defines a volume capable of accepting the PCB (14 or 24); and wherein the light assembly and reflector are configured for assembly into said flashlight bezel; and wherein catalyst pellets, designed to absorb gases released from the batteries of the power supply during flashlight operation, are spaced about in a groove machined into the lower portion of the reflector a light assembly, said light assembly comprising: an electrically powered light source, namely an LED, wherein a power supply including one or more batteries is provided; a flashlight bezel in which the light assembly is disposed, which bezel is adapted for attachment to a flashlight body; a flashlight body; and a flashlight reflector having a hole in the bottom of said reflector through which said LED (12 and 22, respectively) is disposable when associated with the reflector, an electrically powered light source, namely an LED, wherein a power supply including one or more batteries is provided; a flashlight bezel in which the light assembly is disposed, which bezel is adapted for attachment to a flashlight body; a flashlight body; and a flashlight reflector having a hole in the bottom of said reflector through which said LED (12 and 22, respectively) is disposable when associated with the reflector, a thermally responsive current-controlling element in electrical communication with the light source and positioned to regulate electrical current flowing to the light source, wherein the thermally responsive current-controlling element is a thermistor; wherein said LED is attached via an epoxy to a printed circuit board (PCB; 14), wherein said thermistor is attached via an electrically conductive solder via one surface to the printed circuit board surface opposite the printed circuit board surface to which the LED is attached, wherein an electrically conductive solder is also applied to a portion of the face of the thermistor opposite that facing a surface of the printed circuit board wherein said LED, said printed circuit board, said thermistor, and said electrically conductive solder are each round, but of different diameters, and wherein said LED, said printed circuit board, said thermistor, and said electrically conductive solder are concentrically aligned when assembled; and wherein an apron of the reflector engages an inner surface of said bezel, wherein the lower portion of the reflector is machined to contain downward-extending lip that defines a volume capable of accepting the PCB (14 or 24); and