The P2D CE has 6 modes in total, separated into 2 sets according to the position of the bezel. Cycling through modes in either set is done by half-pressing the push button, sort of like how the auto focus works on a digital camera.
General Mode (loosened bezel)
Off > Low > Medium > High > S.O.S.
Turbo Mode (tightened bezel)
Off > Turbo > Strobe
All the different levels on the P2D CE are controlled by true constant current regulation. This means that you will not experience any high frequency pulsing, unlike the C-LE for example which uses PWM to achieve lower output levels. My P2D CE sample has a warm yellow tint on the lower modes, though it shifts to a whiter tint on the higher levels. The dark ring around the hotspot is present, just like is most other XR-E based lights.
Overall output is very good. On turbo mode the P2D CE is very bright, it easily beats other single CR123 powered consumer lights in the market at the moment. Runtime is also very good, the regulation circuit works very well. Take note that the output level spikes towards the end of the battery life when running turbo mode on CR123 cells. However the numbers from my tests showed a slightly lower output compared to the L2D CE. The L2D CE which runs on 2x 1.2V NiMH cells totaling 2.4V, gives a hotspot about 500 lux brighter than the P2D CE running a CR123 3.0V lithium cell. This could be the effect of variations in output performance of XR-E emitters, or that Eneloop NiMH cells provide a higher current drain. You may choose to run the P2D CE on 3.7V Li-Ion cells, but with it's voltage of 4.2V off the charger, only turbo mode will be accessible. A weird observation I encountered was that on turbo mode, the P2D CE actually runs brighter with a Soshine cell measuring 3.7V compared to an AW protected high current cell measuring 4.2V, both fresh off the charger.
As the final part of this review, I would like to share with you a rechargeable solution which works best for the P2D CE so you wont have to spend much on lithium CR123 cells. It provides a nice balance of runtime and still maintains all the 6 output modes of the P2D CE.
You will need an UltraFire WF-138 charger and Soshine 3.0V Li-Ion cells. I chose to use the WF-138 over the Soshine charger because the WF-138 has 2 separate charging channels, so cells of different capacities can be charged at the same time. Also, other 3.0 Li-Ion cells may work too. Now, set the switch on the WF-138 charger to 3.7V (yes 3.7V, not 3.0V) and place your 3.0V Li-Ion cells into the charging bays. Setting the charging voltage to 3.0V will result in miserable capacities and runtimes.
Once they've charged up, the cells will measure exactly 3.7V off the charger and not 4.2V which is what you get when using 3.7V Li-Ion cells or the WF-139 charger. As you can see from the runtime graphs below, performance of these Soshine cells are pretty good. They get about half the runtime compared to Energizer's e² lithium's, but keep in mind that e²'s are rated at 1500mAh while the Soshine cells are only 650mAh. About 70% lower capacity yet only about 50% less runtime. The only down side to using this set up is that the low mode starts out about 4 times brighter than on CR123 cells and takes about 5 hours to stabilize to the real low output.

|