I'm sort of ambivalent regarding the gripring (some people seem to not like it) but I did order some spacer rings which can be used on either the TK12 or TK15 if you replace the gripring.
Like the TK12, the TK15 comes with both a pocket clip and "cigar gripring" which allows a better grip when holding the flashlight like cigar or plunger - both the clip and gripring can be removed.