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I had one of these and gave it to one of the kids as a first dive light. Nice and compact, neat charging. but the button sequence is programable for light levels and I often ended up in program mode rather than on or off. Personally, iIt was too fidly for me.So I found a dive light with a magnetic charger, so there goes your theory that they can't work.
Mk1 Torch
if shipping wasn't such a disaster from that UK store I would look to try one. But if someone has one does the info posted above ring true? has anyone seen galvanic corrosion? apparently it is one of that stores most popular sold lights.