I've tried a lot of different EDC flashlights and this L-Mini II is the best for my needs. Why are there so few small form factor 1860 lights? Are there any this size with a P7 or other quad die LED ?
Probably heat buildup. Flashlight designers have to consider worst case use by their customers. So imagine leaving the light on HI, and falling asleep with it wrapped up in a blanket. I can't imagine running an XR-E higher than 1A under such conditions. Maybe... 1.3A for an MC-E or P7. So it certainly wouldn't be a very bright light (by quad die standards).
Under-driving quad-die emitters is not a very popular heat control solution on CPF, so such a light would not sell very well.
I think you could base a design off the XP-E-Q5. My P100C2 emits around 180L and only draws .85A from a 17670. I am guessing it pushes the emitter with .~75A, so its an easy load for an 18650. It also runs noticeably cooler than my other XR-E lights that draw ~1.3A.
You could easily DIY/mod a light (trustfire TR-8XX for example) and hit the XR-E with 1.4A, but you would not be able to leave it ON for long duration. **edit** I modded some small tube-lights for bigchelis each pushing an XR-E with about 1.15A. He runs them for LONG time periods in a Fenix headlamp/clamp setup... so far they are doing fine using non-IMR 18650 cells, although they do get very warm even at ~1.15A.