I have MonkeyElectric lights too (for 2 years) and I luv them! I think the light patterns on the wheel are nicer and more appealing. And I think the package is a more rugged and compact design than the flimsy light rings.
Unfortunately I don't use them much
because they seem to attract unwanted attention from "crazy" people here in SoCal driving around at night.

I'd get people honking their horns or rolling down their windows and screaming "Awww" or "wooow" at me. I've even had some crazy people throw soda cans and empty water bottles at me as they drove by me. :x