The switch will only allow its rated current to pass through. If you try to pull 5 amps through a 3 amp switch it could fail or shutdown with overcurrent protection in a vv/vw device. Regulated devices (vv/vw) usually limit the current (amperes) to what the chip can handle. Unregulated devices with a low rated switch basically burn up and stop working. Sometimes not immediately. One reason why people have been grabbing mechanical devices (heavy duty mechanical switch) they will handle pretty much any amperage an ecig can run through it
Amps = Volts / Resistance. 5v/3ohm=1.667 Amps assuming the chip is 100% efficent you pull about 2 amps on a fully charged battery(chip has to pull more power as the battery drains and efficiency drops). The 5 amp limit isnt going to make a difference there.
5v/2ohm=2.5amps = about 3amps on the charged battery.
4.2v/1.5ohm=2.8amps still close to three amps on the battery because your not boosting. still pulls more as the battery drops off.
5A switch? only really need it if you want run dual coils at 5-6v
5.5v/1.5ohm= 3.67amps ~4.8amps on full charged battery.
estimating all battery drains based on the rule of perfect transformers, which would be a 100% efficient chip, nothing has a 100%eff chip. Just cross multiplying the difference of voltage vs the theoretical output
5.5v-4.2v=1.3 take that difference times the theoretical current 3.67amps and you get about 4.8amps.
when you boost the voltage you have to pull more amperage to supply the power. Its the same reason your unregulated battery dies quicker with a low resistance atty compared to a standard resistance.