with AW 2900mAh 18650, whats the normal voltage for the battery to be after after it's been depleted?
Right now my batteries are sitting at 3.97v and I'm just curious to figure out what amount of capacity is left at this point.
AFAIK, most protection circuits are set to trigger somewhere ~2.4V (but that's under load). If the protection trips while driving the cell on Hi at full regulation (as the Spark does), it will almost immediately bounce back to somewhere north of ~2.7V, resting. If the light slowly drains the 18650 at lower and lower output levels (as unregulated light do), don't expect the cell to bounce back much at all once the circuit is tripped.
Frankly, those cells should be discarded, as you should never keep using cells that had a sustained voltage lower than 2.7V. Even running up to the protection circuit at full regulation will cause at least a few seconds/mins of <2.7V, which is harmful to cells. This is why the protection circuit is not something you should rely on - cells should be recharged more frequently, to keep their good health. If you trigger the cell's protection circuit, you are shortening the life of your cell (either slightly or signficantly each time, depending on how fast you got there).
Not sure off-hand what to expect at just under 4V resting - the experts in the "flashlight electronics - batteries included" forum may be able to give you a good estimate, though.