That's correct.
The first version (820 lumens) released in April 2011 had an XM-L T6 thought it was not specified on the box but I was able to verify that by running the serial number through their website.
The second version - an XM-L U2 upgrade (860 lumens) was released around July 2012.
THe current version with the XM-L2 U2 version (900 lumens) was just released recently.
I wonder if me or anyone else would be able to tell a difference of 40 lumens between the first and second versions? I have the first version(800 lumens,on box) HB