No problem! I'll clarify some more:
_ "Regulation" means the light will stay at, or close, to its advertised output, which, in this case, is 750 lumens, 20kcd, for at least an hour on 1x18650 at 3,500 mAh, before dropping out of regulation and running direct-drive. This is one of Malkoff's selling point: What You See Is What You Get. Most of the lights I've read about, including Modlite, unfortunately, can only sustain the advertised output for a few minutes, or even seconds, before dropping down drastically. Here's the
runtime graph of an older version (625 lumens) of the M61HOT (near advertised output of 625 lumens for about 80 minutes on 1x18650 at 3,500 mAh)
_ If you're interested in runtime graph,
this is the most comprehensive thread by
@INFRNL. It may not include all lights, but will give you an idea of how long your Malkoff might run. I don't know how long the M61HOTv2 can run on low at 3,500mAh, but I'm sure it'll be significantly longer than an hour.
_ Malkoff's answer to the PLHv2 is the E2XT (using Surefire E-series thread), and E2XTL (using Surefire Dual Fuel -DF- thread).
Both are advertised at 500 lumens, 55kcd. As most Malkoff lights, they are regulated.
E2XT thread, with discussion on E2XT, E2XTL, and the discontinued E2XTD.
E2XTL body thread.
_ If you need an upgrade for your usage, my recommendations are E2XT or E2XTL for outdoors, and M61HOTv2 with H/L ring, for indoors, both on protected button top 18650.