Lumileds specs the 5W as follows.
700mah recommended max current, 1000mah pulsed.
5.43 min - 7.83 max input voltage. With a min. light output of 87 lumens and average of 120 lumens, with a 25C junction temperature.
Odd part is, if you go further down the sheet they have a relative light output -vs- junction temp chart. That seems to indicate the only way to get 120 lumens out of it is to have the junction temp at -20C. At reasonable running temps (20-40C) the chart lists 95-100 lumens. Seem contradictory of the above statement.