R2 is a flux (output) bin of LED, not the model. Though different models with the same flux bin should have the same output, it is best to state both the model and output bin for clarification. What flux bin of the MC-E are you comparing the R2 bin to?
Instead of specifying a battery type (AA) it would be better to specify an input current. Because different chemistries of batteries can drive things differently. For example, an alkaline has trouble holding capacity at high currents, while lithiums and rechargeable will have much less trouble at the same current.
Better is very subjective. If you are just asking for what is better, there is a small chance of you getting the answer you want. You have to specify what is better to you.
As for output, since the MC-E has 4 dies vs the XR-E/XP-E's 1 die (lets presume both are of the best flux bin), the MC-E would be more efficient then the R2 for a specific drive current. But because of the larger emitting area, the MC-E also will have a wider and less intense hotspot if used with the same reflector.