There is no common definition of VDrop - actually there are many - and VDroop is something else again.
We need a target first - what do we want to know? On the easiest level, we want to know how good our mod performs, what voltage reaches the coil from our freshly charged battery?
The battery is the fixed value in our vape - it will never deliver more than 4.2V output. That is the reason why we go sub-Ohm, we could use a car battery and a 4 Ohm atomizer and it would be an even hotter vape, but our atomizers would look like toasters.
But to get a hot vape at only 4.2V maximum, we need low ohmage.
A battery has an internal "VDrop" - meaning, you will never get the full 4.2V out of it. The higher the load on the battery (aka the lower the resistance in the circuit), the less voltage will come out of the battery. Better batteries have less internal resistance than worse one, so a better battery can deliver more voltage at a given load.
We can only quantify "VDrop of a mod" when we know the resistance of the atomizer that is attached to it and the type of battery that is used. I propose we use 1 Ohm as a benchmark value. And AW IMR 1600.
Now the mod (and the atomizer, and the surface resistances of the connections and a lot more) are between the battery and the coil as resistances. They add up to what we could call "external VDrop", and because we can't change the internal VDrop, the external one is the only thing we can possibly optimize.
It would be good to measure the performance of a setup in ohms, that way we would get rid of the stupid math and exponential curves, but it is called VDrop because it expresses volts.
The resistance of a mod is typically around 0.1 to 0.5 ohms. That's not much of a problem if you are using 2.5 Ohm coils - but it hurts when the coils have 0.6 ohms, because the resistance of the setup is fixed and now takes half your batteries power and converts it to a warm mod and not lovely vapor.
So what we are trying to optimize is the external VDrop, that adds up from the resistance of the spring, the resistance of the material, the firing pin, the 510 connector, and so on.
Measuring the resistance of a mod directly is a bit of a hassle, because the values are so low and normal multimeters can't reliably measure there.
That is why we measure the actual voltage that arrives at the coil (at the 510 connector with an inline meter or, even better, directly at the coil posts) with a given battery (AW IMR 1600) and a specific coil resitance (1 Ohm).
With this setup, I get to around 3.88V with just a 5A PTC in place of the spring.
Sorry for the rant =)
Chris
PS: Even cheap multimeters can measure 10 amps, you just have to put the negative (black) lead into a different socket, usually called "10A for 5 secs" or somesuch. And with a multimeter you measure current (amps) in series, the current will have to go through the multimeter. With a REO, its actually easy, all you need is a piece of cardboard: Put the cardboard between the two leads, shove the whole sandwich between spring and battery negative, with the black lead touching the battery and the red lead touching the spring. But be sure the multimeter can stand it first, please =)