Just received mine T5, and am very impressed with it, nice colour and HAIII finish, amazing output, fits AW's protected RCR123A without a problem, though found it quite strange that the battery only goes in from the top (unscrew the head only, not tailcap?), the clicky is nice and smooth.
Here is some more beamshots, alla beamshots are about 1m from the wall, all flashlight is using protected 3.7v Li-Ion batteries from AW:
Left: T5, Right: L1D-CE
Left: T5, Right: L1D-CE, 2-Stops Underexposed
Left: T5, Right: LP-Mini OP Reflector
Left: T5, Right: LP-Mini OP Reflector, 2-Stops Underexposed
Left: T5, Right: M1 XR-E OP Reflector
Left: T5, Right: M1 XR-E OP Reflector, 2-Stops Underexposed