I've been wondering for about a week now, if I were going to do a crude 3 cell flashlight conversion, why not use a 1AMP or great silicon rectifier diode in series vs a resistor? I estimate a fresh set of alkaine at 1.55Vx3 or 4.65V, a silicon diode should get me down around 3.95V with fresh batteries... What say you engineers? Sure, I could use some circuit... I'll eventually use a LM317A in some creation, but for fast 'n easy... Why not just a FWD bieased diode?