That's exactly what I'm using with my quad Cree (though running UIC )I'd do 7.4v Li-Ion (something like http://www.batteryspace.com/index.asp?PageAction=VIEWPROD&ProdID=2894)
and a Maxflex with UIB2...should be out soon
Seems 100% correct to me!I've been looking at batteryspace and would a 11.1v Li-Ion do the job with a maxflex?
The forward voltage on 4 led's would be approx 14v and the peak voltage from a 11.1v battery would be 12.6v according to batteryspace so that would work.
I guess it would need to be an 18v ish battery to work with a buck driver like the bflex