I will keep my eye on this, hope to get my D26s soon.. Slow boat from China.
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I took apart one my lights and it has a dfferent looking button than the above screenshot.
The tang on the button is what limits its it to a 1/4 turn. It's most likely present on the other version as well.
The ridges on the sides are probably very helpful in preventing the locked button situation. But I don't see any reason to keep the O-ring in there anyway.
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