Can you have a dive light that is too bright??
I dive with my light on for the whole dive, I don't turn it on and off.
It is true that there have been problems with HIDs, but the reputable companies stand behind their products.
The NiteRider is a little "gimicky" IMO.( I checked out their website)The soft "goodman" handle is questionable. the power cable looks really wimpy. The dual beam doesn't make sense underwater. Cars have dual beam(hi-lo) so you don't blind oncoming traffic, so naturally NiteRider bike lights have them, it is a cool feature on a bike light, and yes, you can save battery power that way, but with the run time of most HIDs, that argument kind of fades away.
Unless the NiteRider HID is inexpensive, I would look elsewhere.