I see two downsides: first, it'll most likely cost the same as four XR-Es, or maybe even more.
Second, look at those teeny tiny legs
- it looks like they'll pretty much have to be pre-mounted on star boards.
Even if it's more expensive, it's still worth it compared to buying 4 separate Crees, especially considering you don't need to spend the money, time, and effort mounting 4 separate reflectors to end up with an ultimately poorer final product.
Now that this is the same footprint as a standard Cree XR-E, I'd love to see one of these in a neutral tint (~4000k) in SMALL 18650 light, with continuously variable brightness from fraction of a lumen all the way up to hundreds of lumens, using a UI of the proposed Liteflux LF5XT, along with additonal thermal regulation to prevent it from cooking to death in the event of accidetnal turn-on in jacket.
It also means you can have one, two, three or four lights on at any one time.
Four levels with a simple switch, and if one of the leds is on a dimmer 0 - 100, 200, 300, 400...
This is actually pretty cool. Consider that if you want to reduce output, you can turn on only one die still at full output, and you'll end up with better throw than you would by operating all 4 dice at reduced output.
That also means that you could optimize your reflector's focus so it is centered about only one of the dice (your "high" beam) and so that turning the other three on would produce a "low" beam pattern that emits light skewed downward and to the sides.
I also anticipate this package hosting a red-amber-gren-blue emitter setup in the near future, where independent control wuld allow variable color.