For what it's worth,
The KL4 that I tested on a bench supply stopped regulating with full output to the LED above 3 volts. As CM has stated, the regulator would like more power than a single 123 is capable of, pure and simple. I suspect at this overtaxed state things like the Vf of the particular LED might even come into play as well as any slight resistance within the contacts. It's cool that the KL4 can be used on a single 123 in a pinch or as a novelty, IMHO. To intentionally plan on hosting the KL4 on a single 123 as a default is akin to buying a race horse for a petting zoo. /ubbthreads/images/graemlins/grin.gif
OK, I've said it and likely pissed some folks off in the process. Sorry. I'll blame it on the morphine and kidney stone. /ubbthreads/images/graemlins/icon15.gif
I went so far as replacing the 5W with a 1W hoping that the circuit would drive the 1W at full output on a single cell. No dice. I had to go to a Li-ion 3.7 volt cell for full power out. The KL4 is a masterpiece in design and execution and sees its potential on 2x123.
- Don