The Pro 3 is a nice and neat torch that I like a lot. Sorry Mr Niknaks. But it is. It's about the only nice H torch IMO (we won't go there again) but it is a nice torch. I would buy a Pro 3 over a handheld anything.
Of course the other option is to buy a really cheap handheld and then keep saving up for the umbilical and get a bigger torch later on down the line. It all depends if you're doing dives where you need a big torch right now. When cash was tight I used to dive with 2 Ikelite PC lites and not much else. We seem to have become obsessed with massive amounts of light, but actually on most dives in the UK in anything like reasonable conditions quite a cheap light is perfectly fine.
I have used my Tektite backups as primary lights on quite a few dives, half way down Chepstow, deep dives last year, and to be honest if I got my helmet out again I'd happily dive with two of those, one each side. But I think we all know helmets aren't on your shopping list
Digs.