Rings are very popular these days for what is called the "Maxium" look. This is even lighting that is almost shadowless. With a straight ring light without modifiers attached, a slight shadow equal distant all around the subject is the telltale hint of the lighting used. That and the catchlight. Alien bees have a nice one at a reasonable price. With the optional Moon Unit the halo shadow is almost non-existent and makes for beautiful portraits. I'm sure this is the type you were refering to.... But another version of a ring light, is in macro photography. It is a small, portable low powered unit that mounts to the filter ring of your macro lens. I have a Sigma version and it gives good, flat and even light to the subject even if only about 1" or less from the subject.