To anyone interested, and am writing my thoughts...
So my testing today was a little different. I did the same test as yesterday 3.6vdc, and 4.5vdc, and today the results were that at both voltages there was about a 2.7A draw on the power supply. I also had a lux meter setup, and the light output stayed about the same. So now my thought is that the added voltage of the Alkaline cell vs the NIMH is just dissipated by heat. Meaning that one could assume that running the light on NIMH would actually extend the life of the LED, and driver because there is less heat. The problem is that a typical Alkaline cell has like 8000 mah, and NIMH has about 5000 mah. So my assumption is that this light would burn for about 2.5 - 3 hours on Alkaline, and about 2 on NIMH. Here is where the canister option comes in. A lithium cell is about 2600mah at 3.7vdc. My canister, about the size of the newer, Dive Rite ones (2.5" diameter) will hold 8 of these cells, giving me a total of 20,800 mah. This will increase the burn time to about 8 hours, perhaps more, and gives me the ability to put this on a goodman handle. It might not be a great primary light for a cave, but for local dives where you don't need a 21w HID, or similar, this option might be the best. So if you are able to machine your own canister, this could end up being about a $200.00 canister light system. To me that is a good option. People have been doing this, myself included, with Maglite for a long time. Perhaps DRIS has given us a great starting point with this fantastic light.
What are your thoughts?