Retested using new batteries in the meter and two cells fresh off the charger. Each cell reads 4.13V, 8.24V in series.
Stock 6PL tailcap draws .5A @ 7.7V.
LIGHTSAVER Miser draws:
1 click: .7A @ 6.85V, 4.8W, 100%
2 clicks: .4A @ 6.85V, 2.74W, 57%
3 clicks: .2A @ 6.85V, 1.37W, 29%
4 clicks...