I tend to go threw a few drop lights a year. They get dropped kicked around and generally abused so I find it best to just buy the cheap ones. I like the fluorescent bulbs, they put out pleanty of light and tend to flood around everything nicely.
I have been eyeing up this one rechargable led bayco light a guy I work with has, it is pretty thin so it can be worked into tight areas and put out a good amount of light. I think I will be picking one up soon. http://www.baycoproducts.com/industrial/workLightsLEDs.html
I like the L.E.D. best in summer, they have the best light in winter too but no heat, lol...When it's 13¡ã like tonight I snuggle the light. I would get LED on reel and a rechargeable when needed. I have short LED's too for tight areas under seats, dash ect.