I've owned a Zercom Color Point for a couple of years and I love it. They have the three color system similar to the vexilar FL-8 or the Marcum LX-1. They may not have all the different colors or other features that the more expensive flashers do, but they still work great. I have used mine to shoot thru the ice when locating my spot and then set it up in the hole to monitor the action. It has put me on a lot of fish and served me well as long as you keep a strong battery (which goes for all flashers). Would I like to have a new Vex or Marcum? Sure I would, but I would spend my $400-$500 on something that I need more.