this is my first forum post, so please pardon me if it's not in the right place etc. 
I would like to know what kind of power output you get from a small induction circuit on bicycles, like these:
Reelight: Magnet Powered LED Bike Light | Gadget Lab | Wired.com
I have access to most basic lab equipment.
I have considered the basic just measuring voltage over a known resistor and monitoring with a scope. Seeing how much one turn on the wheel gets, i can calculate power output as a function revs/min i guess?
maybe it is better to see, how much a known capacitor will be charged over time?
something i have overlooked?

I would like to know what kind of power output you get from a small induction circuit on bicycles, like these:
Reelight: Magnet Powered LED Bike Light | Gadget Lab | Wired.com
I have access to most basic lab equipment.
I have considered the basic just measuring voltage over a known resistor and monitoring with a scope. Seeing how much one turn on the wheel gets, i can calculate power output as a function revs/min i guess?
maybe it is better to see, how much a known capacitor will be charged over time?
something i have overlooked?