Using do-notation is probably cheating, but what do you think of this? (in Haskell):
do { w <- widgets;
s <- sprockets;
l <- locations;
guard (l `hasInStock` w);
guard (l `hasInStock` s);
guard (w `isUsableWith` s);
return (w, s, l); }
We're trading horizontal space for vertical space. I think it's much clearer than either list comprehensions or plain map/filters. It's the best of both worlds.