Oh, yeah, that's completely true.
Hmm... I don't *really* want to use a boost driver unless I can build it myself, but I can't, so I will probably have to use a higher voltage battery, or just make it a bigger handheld... maybe 2 CR123As? Or... a 1/2AA? Saw it on Wiki, may not be that common, but it's the same diameter of a AA, but it is half the length and provides anywhere from 3-3.6V, and has anywhere from 850-1200mAh.
So I have another question, which I may as well put here: for a normal red diode, I know the pin out is like this:
...........Negative
Positive.............Not used
correct? And the negative is equivalent to the case pin, as well? In that case, for my design, is everything good? Just hook up negative/case to the driver as I usually would, but instead of hooking the input wire (to the driver) to a battery, just solder it to the metal host, and have the positive lead input to the driver be just normally hooking up to the battery plate positive end?
EDIT: I think I am going to do two RCR123As of the 3V 900mAh variety, that way I am not dissipating a huge amount of heat (only 1.8V*320mA = .576W, which is nothing and is easily handleable by a small heatsink, yes?