Newbie,
Yes, my Arc AAAs are overdriven... quite hard I must say. This is fine though, after a few years they should have 5mm LEDs that will outpower the Arc using less than a third of the power.
Just wondering about the high power Peaks... I bet they use different LEDs as the price went up for that option. That would be absolutely fine by me!
The brass light should be really cool to play around with AFTER it's primary purpose is complete. The little guy will be lighting my way in blackout conditions for four months this fall. Once it lives through that, it's life will be easy... mostly a conversation piece as red light is something I generally don't use.
At least with brass, it will be a conversation piece. I should have it in 37 hours from now...