We are having this discussion in advanced scuba, which technically (no pun intended) means we should not discuss the use of lights for technical or cave environments
That said, can lights have many advantages.
First, which are actually more efficient, HID or LED? watt for watt, HID's seem to put out more light. I don't honestly know the answer to this question, can someone else much smarter than I chime in?
Secondly, technical diving tends to place a high value on the hands free nature of a goodman handle. I see very few benefits to having to use my hand to hold a light when I could use a goodman handle to do the same.
Third, light socks are not the same as a hard goodman handle. They not only feel awkward compared to the bliss of a hard goodman handle, but they make it harder to switch quickly from hand to hand and the lack of a cord makes it impossible to hang around my neck
Fourth, is there any problem with can lights? I find the ability to have larger amounts of battery stored in a more convenient location which can also hold things like car keys or money to be handy.
Lastly, I don't see how the long length needed to hold the light and batteries, will fit comfortably on the back of your hand. Can lights only need a few inches of product on your hand, placing the bulk of the weight on your waist. Seems to me that this puts less weight on your hand.
In the future, when the entire light and 10amp hour battery pack can fit into a canister the size of my 12w led can light head, then I can see the vast majority switching. I think we have a few more years of can lights ruling the day in cave diving before that happens, though. There is always a great idea coming to replace the current standards, and that great idea is probably LED's that require no ballast and less space for the light emitter compared to HID's, and batteries with incredibly higher power density, allowing for the same or more lumens and burn time in a much smaller package. We are seeing that happening slowly, but it's not to the point yet that I would declare the can light to be dead