If they gave us a hobbyist circuit, or something similar we could DIY, I'd feel differently about it being proposed as a knowledge resource.
Here is your resource for cheap ESD and transient protection, forget pangolin:
Transient Voltage Suppression, TVS Diodes, Automotive Circuit Protection - Littelfuse.com
Go buy a 0.25 cent Transient Voltage Suppression diode with clamping voltage slightly higher then your diode's Vfwd. (bipolar or single, doesn't really matter) and solder it to your laser diode. (Ive been using thier SMAJ series, works great and has a variety of voltage ranges to select from, bieng in a surface mount package thats only a few MM across, makes it ideal for that.) If you are so inclined to, you can add an RC snubber if you really wish to. (although I don't see it too nessasary for low powered systems)
Ive been using these diodes in my designs, and hell, the whole damn electronics industry too, these inexpensive suppression diodes are all too common (more applications then I can name, from consumer electronics to industrial equipment)
http://www.littelfuse.com/data/en/Data_Sheets/Littelfuse_TVS-Diode_SMAJ.pdf
From what I understood, a lasorb is just a fancly packaged varistor and a anti-parralel diode(dont have time to read thorugh pangolin's site, so if Im wrong there, feel free to point it out), while varistors are great for suppressing surges at higher powers (Eg: mains surges), they have a slower responce time then TVS diodes, but no worries, you can always buy TVS diodes at higher powers. As per the anti-parralel diode? Go find any rectifier diode and solder it as so. (will give you the same reverse bais protection so long the forward voltage of the diode is lower the then the reverse bais voltage of the laser diode, which im sure it is, even the 1N4007 series of rectifier diodes have <1Vfwd.)
If I were building an expensive build, I wouldn't mind incorporating a lasorb into the build.
Why pay more then you have to though? Isn't the point of production to drive the cost down, not up?
Im not paying 8$+ for some fancy packaged device that does the same fucking thing that a 0.25 cent component can do.
Cheers