What exactly are they bait-and-switching?
They're advertising something that is rapidly selling out. They're not pulling any bait-and-switch on anyone.
You are right. Not the classic bait-and-switch, since no salesman is saying "The advertised car was sold, but we have this other one for just a little more."
Finding a well-known company willing to let customers sit from January to July with an open order, without notifying them of a six month wait, while still issuing "Your order is complete" messages, could just be a set of good business practices. But I expect those methods from low-rated sellers on eBay and Amazon, not Harbor Freight. HF is opening more stores and improving their products. I hope they improve their customer support procedures, too.
Here is a piece of one state's consumer fraud statement:
"Acts or practices that may be deceptive include: making misleading cost or price claims;
offering to provide a product or service
that is not in fact available; using bait-and-switch techniques; omitting material limitations or conditions from an offer; or failing to provide the promised services."
The handful of lights reaching stores kills any argument that the product is not available. They are legally covered. And the thousands of store visits by people looking for this light will increase their sales.
I won't post anything else in this thread until I can give a review of the light!
My only intention was to let people know what HF won't - this good product will likely be scarce until July.