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Meritline offers this 3-in-1 Laser Pointer / Flashlight Keychain for $1.99. Coupon code "MLCKR07ZNL1" drops it to 99 cents. With free shipping, that ties our mention from a month ago and is currently the lowest total price we could find for any such flashlight by 30 cents. It features a red laser and white and blue LED flashlights. It's available in red, blue, or black, but color selection is random. Coupon expires after 400 uses.
Expect this item to take two to three weeks to arrive.