I just received a new light (package sealed) today and I checked the CR123 cells with a voltmeter and I got a reading of 3.02V each, I then checked the free batteries that were included and I got a reading of 3.30V. Is this considered a good amount of battery loss when dealing with CR123 cells? I know when comparing a 1.5V alkaline to a 1.2V alkaline it makes a BIG difference. Thanks
no way to tell. see these charts
http://www.candlepowerforums.com/vb/showthread.php?t=67078
(that is under a load)
the 3V lithium (not li-ion) cells will show about 3.3V Unloaded , fresh new. but one could still show 3.02 like your saying and be 90% usable.
you would really need to test under a Load to know anything about how much capacity is in the cell, and even then it would be just a fair guess. different batteries from different brands and different age will act different.
to test under a load, you put some resistance across your voltmeter leads, then test the battery, and see how badly it saggs down, this will consume some of its capacity to test. then you use what you learn from doing that, to other batteries of known capacity, to get a fair idea of about where this one is at.
you could guess that the 3.3v battery is totally fresh and unused, and that the 3.0 battery has been used, or might be weak, but it would only be guessing. if you use the same battery types/brands/age, and start looking at them more often you will be a good guesser, just like your a good guesser with alkalines.
and example of this , is a battery that was very low looking in voltage, it was loaded, it went up for a while, then took the standard path of decline. the battery was still a very good battery, it just reacted different at first. (if i knew where the thread was, i would link to it)