Let's try to keep this thread on point which is to discuss the facts regarding lights that others who haven't been as interested in lights may not be aware of.
There is a place for graceful degradation. It can be useful in a backup light. You're free to disagree or to have other preferences but it's not a fact that there is no place for it. Again, there is a useful place for unregulated as well as regulated lights. Anything beyond that is opinion or preference.
Also, it's good that changes to industry standards have been brought up as well but again let's not make this thread primarily a debate about that.
I think everyone has provided valuable contributions to help clear up some confusions in this subject matter.
I don't see how anything we have discussed here is off topic? We have touched on ratings, regulations, testing labs, fundamentals of operation..... maybe we should keep this limited to LED light output ratings and not touch on battery runtime ratings? I think both are huge topics.
Also, just to clarify in my earlier post I mentioned that I agree that graceful degradation is good, but only as long as you get your run time at the specified output first. I would not plan a dive around graceful degradation.
Some of these LED canister lights are $1000+..... that is no cheap flashlight.