Sorry guys, I was a little testy there. That wasn't right and I apologize!
It comes down to this: component tolerance variations and "tolerance buildup" among many thousands of assemblies will result in some marginal assemblies, and the more corners are cut by the makers (and the more pressure they are under to limit the driver boards' current adjustment range), the more units we will see that fail to deliver full power over the battery's discharge range. My circuit analysis of a couple 110 APC driver boards (Vital's and AltasNova's) shows that they are intentionally designed to make it easy for the manufacturer to cripple the adjustment range, and to do this a number of ways.
Some boards will happen to have transistors with higher gain, for example, and will allow slightly more LD current (with a given, design-limited base current). Some transistors will have lower saturation voltages, and work better at lower voltages. Again, 105s were the "early days" of greenies and the design was pretty wide open. 110s are better by virtue of the APC circuit, but the clever little design crippling is really a problem for modders. This is not going to get any better of course...
It is not always so bad that they have limited these designs to "only" 300-350mA, for example. The stock LDs will suffer short lifetimes when the current is cranked above that.
If you have a 110 that responded well to a pot mod and works with NiMH, you have one with better parts, an earlier, less-crippled design, or are just plain lucky - be happy about that.
Anyway, when battery voltages are specified, there is a "loaded" voltage and a "open circuit" (unloaded) voltage. Yes freshly baked NiMH have an open-circuit voltage near 1.5V - but toss a little load on them and they will drop off. Bottom line there is that the operating range (discharge curve) of NiMHs is a little lower overall.
I haven't seen all that many pointers, but the ones I have seen did not adjust as high (or respond to pot mods at all) on NiMH as on Alkaline cells, and after "fixing" the design, this problem went away.