A "1 watt lux" is a Luxeon I emitter from Lumileds. These are speced to run at about 1 watt. That's all that means.
I'd like to correct some apparent misconceptions about voltage and current. From the Welcome Mat:
Q: Please explain volts, amps, watts, and C.
A: That's not a question, but okay.
Volts are electrical potential, amps are electrical current, watts are total power equal to volts*amps, and C is electrical current as a function of battery capacity. Think of volts as the width of a pipe: In general, a wider pipe has more punch than a narrower one. Think of amps as the water flowing through a pipe: Some pipes can only handle little trickles of water, and others can handle lots of water pushing through with great force. Think of watts as a combination of volts (pipe width) and amps (flow of water): A large pipe with water flowing through really slowly has the same output as a small pipe with water blasting through it. This is why high-voltage applications are preferred over high-current applications, as a stream of water zooming at 200mph through a 1"-diameter pipe is much more dangerous and difficult to maintain than a calm, 3mph flow of water through a 4'-diameter pipe. As for C rates, that's just a function of current draw and battery capacity. Any power source discharged at a 1C rate will be depleted in 1 hour, any power source discharged at a .25C (or C/4) rate will be depleted in 4 hours, and so on. As an example, a 1.8Ah AA NiMH capable of an excellent 10C discharge rate can manage 1.8*10=18 amps.
Q: What are series and parallel?
A: Series connections have a device's positive terminal connected to the next device's negative terminal. This is what you get when you line up some ordinary C-cell alkalines (for example) end-to-end, like in a Maglite or other flashlight. This arrangment adds up the voltages of the cells. Such a battery neither handles more current nor contains more mAh capacity than a single cell. This is the opposite of a parallel configuration, which has positive terminals joining together and negative terminals joining together. An example is those 3AA>1D adapters where all three AA cells' positive terminals meet at the top, and all their negative terminals meet at the bottom. Such a configuration has the same voltage as a single cell, but can handle more current draw (or contains more capacity). For example, 1AA alk can push about 500mA at around 1.5V for about four hours. 2AA alks in series can push 500mA at around 3V for about four hours. 2AA alks in parallel can push 1000mA at around 1.5V for about four hours (or 500mA for eight hours, and so on).
Actually, I think you both would benefit from reading it. It should answer most if not all of your questions, as it was made for this exact situation. It's available
here and
here.