One of the two drop-ins I received didn't work, in fact it had a dead short that darn near took my batteries apart before I figured it out.
Here's the deal. The reflector screws down onto the base however there is nothing to stop it from being screwed down to far.
When the reflector is screwed down to far it can easily short the two wires that connect to the emitter causing a DEAD SHORT - which is what happened in my case.
Apparently nothing was damaged as it seemed to work properly once I got it fixed.
I'm not sure what the best way is to insure this doesn't happen. In my case I resoldered the HOT(red) wire so it didn't stick up so high. I also added a dab of solder to the black wire to aid as a stop for the reflector base. I think I will also apply some sort of insulating glue or epoxy to cover the HOT connections.
Here is a pic of the reflector unscrewed from the base:
Here is where the problem can occur if the reflector is screwed down to far:
On a side note. While I had this thing apart I took some measurements.
The module is definitely regulated, it draws approximately .5amps with a 6 volt feed (the stock P60 inc bulb draws .93amps).
I lifted one of the emitter feeds and measured approximately 660ma of led current with about 3.3 volts across the emitter. This current stayed more or less constant down to a supply feed of 4 volts.
Anyway - that's my story.....