I just have a couple of quick things to add about the L1 v2 before this thread gets a huge influx of v2.5 impressions...
For starters, the non-lottery aspect of the L1P is the best thing it has going for it. Now maybe that's obvious to the rest of the world, but with us getting pretty much the first batch, i was expecting fairly tight binning. Oopsie. Here's run-times of my three L1s. Variations are expected - and in this case work out well since it suits who i'll be giving them to - but the first one (red) is just sad. (smirk) You needn't mourn for me just yet though, 'cause i checked it out, and for normal car-tasks, i'd risk blinding myself - or more to the point, risk someone else blinding *me* - if the hot spot was much brighter and at short distances the corona is bright enough to be useful.
I'm actually not sure if this next bit is impressive or not since i don't make it a habit to run LEDs on depleted batteries, but it *seems* impressive, at any rate. My long-running L1 was in moon mode - or rather, emergency mode - a solid 17 hours when i decided to measure the voltage. I got .31v; running on an e2 cell, btw. The cut-off to actually *start* though is a bit higher. Near as i can tell it's .41v, which still seems terribly impressive. Whether or not it'll do the same on an alkaline i have no idea. I'll leave that test to one of you guys.
sakurazaka - I don't have an L1P or else i'd take care of you. When i get mine i'll post some pix if no one beats me to it. (smirk) Hopefully someone will though, 'cause i have a bunch of things pending, so it may be a while.
Before i go, here's a pic of a grey Fenix if only because there aren't many shots of it.