The L4 is driven pretty near spec, as I recall it's at or just a bit more than 4.5Ws... But the thing that lowers its lux reading is the texturized reflector. You have to remember that these types of reflectors, even though it throws a decent beam, is greater at dispersing and smoothing out its hotspot. Thus, you'll see a much wider, flooded and spread out beam that still has a pronounced hotspot.
The few things Mr. Bulk's LGI has going for it is: it is direct driven, at 3.6-4.5V, and it draws as much as 1.7amps at start. That translates to 5+Watts of energy to the LS. Coupled that with an NX05, which is perfect with the Low Domes in transferring the LS dye to the front to project a great beam with a bright hotspot, you get a relatively high Lux reading with the LGI...
I would almost guarantee you that if you had the texturized reflector smoothed out, and the reflector's as smooth as the maglight's, then you'll see a dramatic increase in Lux, probably into the 2500+ lux arena... But the reflector and the wide-spread, spilling beam's what lowers its lux. And because its hotspot's spread out as well, the Lux reading's lower, but remains at that reading for a much wider area than the LGI... That lower lux, however, does not mean it's dimmer, as if you compare the LGI and L4 side by side, the L4 will come out on top as the overall light output champ between the two...