AAA capacity is very low.
IMHO, it is nice for a keychain EDC that is generally used for very short time, so i don't see any interest to make a sophisticated flashlight for a type of flashlight in which i have very, very few expectations.
There is tons of competitors that already perform this simple task: giving light during 2 to 30 seconds, no matter the tint, the beam quality and UI.
Now for a pocket EDC that i use for more than 1 minute, i need something like a Ra clicky high CRI.
I voted "no" but it doesn't mean that i consider it as a terrible idea because if HDS has time to explore the AAA way...why not, but concerning myself i prefer that HDS follow prioritary the "brighter (high CRI)" or/and the "higher capacity" way instead to the contrary.
PS: I don't like a pocket EDC that is too long. One using 16340 is perfect (it is not that much complicated to carry spare batteries). For a 18650 flashlight, i expect something with a larger reflector (than the actual one) to improve throw.
PSS: Why not a D26 or D36 (high CRI prefered) drop-in module with programmable UI ? Most of those modules are using half click to cycle through different modes to select the one you need...it's probably time to offer something better.