This weekend I purchased a Mighty Bright Floor light with magnifier. It's awesome. I was looking at Ott floor lamps with magnifier's, and even went to a friends to try it out. I found I could not get the mangifier in the right position to do the hand stitching on the binding. I had read some reviews on Amazon and decided to keep my Joann's coupon in circulation.
The 5" magnifier moves into position easily and has LED lights all around the magnifier. And, another thing I liked about it over the Ott Light was the size and weight of the base.
Would give this light a thumbs up.