Fumbling around with Energizer's PDFs, acording to them, their 123s are rated at 1300mah @ 100ohms @ 21 degrees celsius. That would mean a 30ma discharge rate. I don't know how well it scales with increasing loads, but they must have rated it in a way that best shows the capcity of their 123. Whereas their AA lithium has a capcity of 2900mah @ a 200ma discharge rate discharging all the way to 1 volt. Also the 123 cell is rated at 1.5 amps continous, 3.5 amps pulsed. Whereas the AA Lithim is rated at a 2.0 amps continous. I should think that the AA can handle high current draw better than the 123, but of cos that is off setted with it's lower 1.5 volts rating. Taking the value of the 123 pulsed current, we can pulse the AA lithium at 4.6 amps. Sounds great for some freakish super high current draw high lumens output torch. Since 123s are fatter, if placed side by side in parallel configuration it's much too fat. AAs on the other hand aren't so fat and fit nicely (at least in my hands)
My point is that the 123 is good at what it does, but the AA lithium shouldn't be overlooked either. If they made a 3 volts one at half the capacity, it would be a 1450mah model and I would take that any time over 123s because at least it's rated at a higher constant current draw (200ma instead of 30ma of the 123)
I appologize if I've made any mistakes anywhere in this post. Someone pls correct me if there's anything wrong.
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