I guess the answer is "Don't tailstand your torch"
Maybe that is why some torches , like the iTP A series , won't tailstand.
I assume that the torches that come with a headband are too low in power to overheat ... That would limit cavers and potholers to low power torches though ... There again , it is "black dark" in the vast majority of caves so maybe a high power torch might not be needed ... A torch that runs hot is quite useful to warm your hands on in a cold damp cave.
I don't like the idea of standing a torch in a mug of water either , when there obviously are torches out there that will tailstand with no problem ... I have two Solarforce L2s that won't tailstand , but will lean against a book (or similar) and won't overheat even on full power for 90 minutes ... I have a Solarforce L2i converted to 18650 that will tailstand and again it will run OK for 90 minutes on full power ... My Dropins on the L2 are three mode and on the L2i a single mode ... The three modes are great as there is the choice of low , medium and high power ... I don't know how long the low and medium modes will give but the high will give me two and a half hours continuous running.
The only reason that I know these times is that I tested my three Solarforces on high , propped up against a book just to see how long the battery would last ... At 90 minutes , the voltage on the 18650s was only down to 3.8 volts , so there was still an hour left.
If I ever needed to tailstand a torch , I know that my Solarforces are suitable.
As a matter of interest , which metals are the best for conducting heat away from the dropin ? ... This assumes that the dropin is in good thermal contact with the body of the torch ... I've always assumed that aluminium was the best.
.