It's a little more complicated when you factor in specific heat and density. Specific heat is the amount of energy required to raise the temperature of a given mass a given amount. Thermal conductivity rules when you are extracting a lights waste heat to your hand, but the light's temperature has to rise to above that of your hand for thermal transfer to begin. With otherwise identical lights of aluminum and brass, the brass light will heat to equilibrium temperature a little slower due to having ~3x the density balanced against aluminum's a little over twice brass's specific heat.
What I find amusing is the "premium" brass lights seem to command in relation to the retail price of the material. A 3 foot stick of 1" dia 6061 T6 aluminum will cost you $15.83 vs $43.41 for 360 ("yellow") brass from McMaster. So how much was the actual material cost difference for your 1" dia by ~3" long flashlight? IMO, I find 360 easier to machine than 6061 T6. Machine shops buying in larger quantity probably get the material at ~1/2 McMaster retail. I'm sticking to HA aluminum lights with copper centers. /ubbthreads/images/graemlins/grin.gif
Larry