Yes, fair enough.
My concern is flashlight/torch oriented. What I think possibly you, and I know others on the Forums don't understand, is the difference between a Nikon pack's protection circuitry, which is more than likely well thought out, tested etc., as compared to the homemade type that xxxxxFire et al installs onto individual cells, that were never meant by the actual manufacturer, to have a protection circuit installed onto the bottom, made in somebody's garage when they aren't at their day job. I will exclude AW from this last group, as whoever does his cells seems to be on top of things. :thumbsup:
There are two points that, to me anyway, are safety concerns here. First, the protection circuit installation on the bottom of the cell. This is a vulnerable location to mount a PCB. It can be crushed, torn, or broken, any number of ways, leading to the circuit's failure. I don't have any suggestion as to a better place to mount the PCB, but then again, neither do the manufacturers of the cells. That more than likely has a lot to do with why the actual cell manufacturers don't manufacture, or sell individual cells with protection circuits installed.
The second safety concern, is that a Nikon pack's protection circuitry is tested and designed from the ground up for a specific device, with specific demands, and is tuned to the battery pack. The circuits provided by xxxxxFire et al, that the guy makes in his garage, most likely are composed of similar components, but at best, they are not designed for a specific light's use of the cell, or battery. If they are, then there are going to be some lights in which the protection circuit works well, and many others that it really isn't suitable for. You can't make a catchall protection circuit that works for every application. Actually, you probably could, but the cost to manufacture it would likely be more than the cost of the bare cell.
And I'll say one more time, I am in no way suggesting that anybody use unprotected cells, rather than protected ones, in particular those new to Li-Ion cell use. I am just pointing out that with an unprotected cell, there are actually fewer things to go wrong, again, with a proper understanding of their use. You know the "small number of well educated people who take proper care of their cells" group.
Dave