Astro Flight for the blinky, Don't recall which of the 3 current magazines did their article this month but between Model Airplane News, Fly RC, and Backyard Parkflyer one of them had a article this month. It has been getting articles for about 3-4 months now and was just released. Here is the like to it.
http://www.astroflight.com/e/env/000...roducts:af-106
You still require a charger that is designed for Lipo Batteries, this just makes sure they are balanced. Has some circuitry in it too which is supposed to help if you overcharge a pack it takes it to 4.2 volts and if you over discharge using it connected at a 1/10th charge rate till it hits a certain voltage is supposed to refresh the pack to usable.
I can't tell you about the overcharge and overdischarged functions as I have done neither to the different Lipo packs I own.
For a charger I use the dynamite lipo charger as it was the only one at the local hobby store that had a AC/DC plugin so I could use it anywhere without needing a extra power supply to charge at home.
http://www.dynamiterc.com/Products/D...ProdID=DYN4053
I think I paid about 80 bucks for it at a hobbytown usa.