Think they are little late to the game. However, at that pricing, I think many will give it a try.
I'm not a big fan of Olight products. I have a few of their handheld lights and they've been ok, but their products to get a bunch of mixed reviews. I haven't encountered a failure on my stuff, but know folks who have had issues, and enough for me to stick with other offerings.
At the price (about $160 for red), I'd be down to give this a try on say a competition pistol or .22 lr plinker rifle. Just bought a CHPWS Comp RDS for my Glock 34, so will be trying to shoot that for the next many months. If I could try this on my P320 or get a 34 MOS to try, but not high on my list of things to try. Most of my guns are direct milled for the RDS.
The magnet recharge feature does sound interesting though. Kudos to Olight for trying something different.