This method of wiring the lights is only suitable for GM's own LED lights, as they are specially designed to run on the full battery voltage, but with a very low power consumption.
If you were to simply wire another type of bicycle light in the same way as shown in the diagram, it would probably destroy the electronics which power the light
(LED type) or blow the bulb's filament
(conventional incandescent bulb type) the moment the switch was pressed.
Andrew has recently wired his bike to run some
MagicShine 7.4V super-bright LED lights which are powered indirectly from the main battery by using a
DC-DC step down voltage converter in the circuit.
This little converter unit works on the same principal as most of the newer mains adapters used for charging mobile phones.
It simply converts the high battery voltage down to the much lower voltage that is required to safely run the LED lights, this should ensure that they do not get damaged by too many volts
(assuming the converter's voltage output has been correctly adjusted before connecting the lights).
Alan