When I clean my lights I clean everything. I clean contacts, retention springs, body tube, threads. Basically anything that needs to be an electrical connection. The threads get a clean, and regrease. Saves the threads and the o-rings. I'll have to find some of that DeOxit. I can get pretty much any chemical or solvent I want through my work, but I generally stick with isopropanol. It's a solid solvent without having to worry about it eating anything sensitive. The cells are good, voltage checks out at 4.2v when used, and I tried three of them. I'm not sure of the best way to explain it but it just doesn't look like a bad cell. There's no flicker, no dimming, it just looks like whatever is delivering the required current is fried, or locked in a low power mode via the controller.
I originally bought this light 9/2015, it failed and I sent it back 8/4/2016. It failed again and I just sent it back again. Admittedly the medium and high modes made an extremely loud buzzing noise on the replacement light. I believe that was from the PWM control of the LED so the light may not have been long for this world from the beginning. However the distributor has been fantastic about replacing it.
I know that using the light at 1000 lumen is pushing it's capability. I bought it as an EDC flashlight, I just don't have a whole lot of call for that in everyday usage. This is probably blasphemy here but I don't want to have an entire stable of flashlights, I enjoyed having one light that I could use for everything. I had it and when it works it makes a great bike light, and it's nice to run with. I really wouldn't want to run with a much larger flashlight. I thought the light was well regulated enough to prevent this sort of thing, but I'm becoming more and more convinced that it is a little too overbred and I might have to find another light for each of my uses.