Since that is a bi-pin bulb you would need a PR to bi-pin adapter of some sort, and since it is over 10W you would have to replace the stock lens and stock reflector. If the envelope of that bulb is as large as I suspect, then you will find it difficult to locate a metal reflector with a large enough hole to accomodate that bulb, but not impossible.
If you take a look at SilverFox's CR123 testing
results, you will see that even the best CR123 cells can only supply about 2.5 volts at currents exceeding 1 Amp, and the voltage will decrease as the cell is used. You would be underdriving the bulb at about 10V and 1.38 Amps for 13.8 Watts. That would give you a yellow beam with less than 200 torch lumens. I would calculate an exact number, but I was depending on CPF Wiki hotwire calculator to help. The usual approach to a hotwire is to overdrive the bulb a bit for a whiter beam. The problem is, there really aren't nice bulbs available for 4 CR123 cells other than the ones made for tactical lights.
If there were a nice solution that involved dropping 4 CR123 cells into a 2C maglight then you probably would have read about it already. You have already gotten some great suggestions from the members, but by all means experiment on your own and see what you can learn. There are many of us here that have tried to find a better hotwire, and so there is a lot you can learn by reading in the incandescent and homemade/modified sections. Ultimately you have to decide what you want out of this.
Some really enjoy modifying or making lights and learning how to make them better in some way. Some want the brightest light for a given size at any cost (2C would have to be Philips 5761 running on 2 AW C Li-ions), others want a good amount of light with minimal cost (5 or 6 cell Mag bulb on 3 CR123s). Or maybe you want guilt free rechargeable lumens so you swap 2 18500s (easiest) or 18650s (longer runtime) for the 3 CR123s. If you want more runtime, then you don't want a current hog like the 5761, you want something like a Carley h1499p, which would run great on 18500 or 18650s. So let us know what you want and we will do our best to help you find it. If you don't know what you want, describe the intended usage and you will get many suggestions.