Hehe i bought a 4 pack of these of e-bay a few months back, i planed on using them for some not flashlight related stuff that burned out on me 
So, today i got around to topping them off and doing a discharge test on them. The charger discharges them to 3.0V under load. I put two of them in parallel and i got exactly 700 mAh out of both on 1A discharge. Ergo, with 500mA discharge (reasonable for a flashlight), one would put out only 350mAh.
I knew that there is no way they would put out 1200 mAh when i ordered them, but i was hoping for about half of the stated capacity. Oh well, i guess that stated capacity goes for the complete 4-pack
So, today i got around to topping them off and doing a discharge test on them. The charger discharges them to 3.0V under load. I put two of them in parallel and i got exactly 700 mAh out of both on 1A discharge. Ergo, with 500mA discharge (reasonable for a flashlight), one would put out only 350mAh.
I knew that there is no way they would put out 1200 mAh when i ordered them, but i was hoping for about half of the stated capacity. Oh well, i guess that stated capacity goes for the complete 4-pack