In reply to Indy:
Two Lezyne lights on the front - one macrodrive and one megadrive. They blink at different rates, and for unlit areas give enough light to see at 30 mph. Above that, they show you what you're about to hit. I have a spare 'blinker' that sits under the stem on the steerer in case I do something stupid, like forget to charge the main lights. The Lezyne lights also run down at different rates, so I have a reserve of sorts.
On the back, I have a Cateye AAA powered thing, which is OK and lasts for ages. Then I have an Exposure TraceR which is really bright. That has a mount for the seat rails and sits under a Ass-saver mudguard which, being translucent, lights up too. Then I have a small cheap light on the back of my helmet.
On each wrist, I have a fluo wrist band with red LEDs, which is visible to drivers when they're level with you and makes turn signals visible.
I look like a Christmas tree, but nothing is too bright (ie those MTB lights to which you refer)
Wife is insistent that I add a big splash of fluo yellow to me too for riding in town, so one lurid top to be acquired shortly. My fixie also has fluo yellow wheels.