I used both. I started out with a simple 5x magnified light. It did the job, but I felt that I was always cramped or bound to the position of the light. If I wanted to move around, I had to take into account the focal distance of that magnifier. Often times I'd end up sometimes bumping the model or brush handle into the lamp as I was rotating models trying to get that one oddball angle to paint. I think it was less than $30 ($26 according to my amazon invoice), so it wasn't a bad purchase, I'll use it elsewhere.

I got a Neatfi as a gift, and I bought a set of magnifying goggles and I like this setup much more. The light is very well articulated, throws a bunch of light, and very sturdy. The joints are somewhat protected so its near impossible to pinch yourself while adjusting it. Its very well designed and put together, the packaging was great, but it is in one of the upper tier of lighting solutions out there. You can probably do a similar or, arguably better setup with two articulating lights and a 5000k LED bulb. I wish it had a VESA type mount, so I could mount it to a monitor arm or something, giving it just a bit extra reach, but it might be that I have a deeper than typical workstation.

One advantage with the separate magnifier is that I can use it when airbrushing or other tasks where the light would get in the way.