The Magnetic Bike Light is a new product designed by Goodmorning Technology for Copenhagen Parts. They have a Kickstarter going with 16 days left, and only $6000 left to reach their goal. With an expected retail price of $40, the magnetic LED simply attaches to any steel framed part of your bike, automatically switching on for your bike ride and then off again when you remove it. How cool is that!? If you want to buy one and back their project at the same time, visit their kickstarter page here. Shake it.