tvodrd,
What battery voltage are you using? If it's around 4V, expect bad things from Badboy 750 as it'll be sucking nearly 2A from the batteries. Hey, there's no magic bullet.
dw_1984,
There sound be a little rectangular black thing near the IC off to one side. That would be the diode. The two black things are the ones that need the heat sink.
Hmm, As I can recall, as long as I pressed my finger on the IC everything was fine... Seriously, driving the 5W LED is pushing the IC to it's limits in many ways.
Why doesn't the Madmax @ 1A get hot? For one, the Madmax has a more efficient switch element inside the IC and 1A is is not near the 2A the Badboy can switch.
Wayne