Yeah, as others have said, I think Fenix really had it down when implementing the driver in the v2.0 and then went and mucked it up with the 2.5. I have one of each and I really can't tell which is brighter on fresh batts, especially because they are quite different tints, but I'd expect the 2.0 would get an hour more runtime on each battery type (which is why it's my EDC). At least with the 2 stage mod, 2.5 only people can preserve the brightness for times its really needed.
Besides the driver and the logo location, the other differences are: Smoother mirrored reflector in the 2.5 (the 2.0 has fine concentric rings which atually smooth the transition between hotspot and spill a bit). Also, the antireflective coating in the 2.0 was changed due to complaints by customers in China; the 2.0 has a very noticable deep indigo glint if viewed from the side, the 2.5 has a much more subtle light blue glint.