I don't think so, the light passes through the diffraction gratings and isn't absorbed by it. Seriously, shine your 445 through clear plastic and see if it burns. Even if focused to a very small point on the plastic it wouldn't burn.
Also if the diffraction grating was absorbing enough light to get burnt you wouldn't just smell it, you would obviously be able to see the damage. The smell was probably your arctic getting fried.
I used the SAME EXACT star caps that are in the pic at the top. And my 1100mw 445 build melted the crap out of it. I guarantee it will melt it.
(not instantly but with in 30secs after being turned on it will start)
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