^Voltage drop should be considered when figuring out your heat/power level. I use 4.2 to figure out my current needs, but I get an inline meter to figure out the voltage drop under that specific load.
They're more than likely not derlin insulators, which holds up to heat rather well. Look into replacements, may be best to get "authentic replacements."
I also have a
fast tech 91 clone going at 0.7ohms..and it has been for a few months now..no issues, but I'm using a horizontal coil.
Edit- I didn't notice your wick is going straight through that vertical... Your coil isn't getting cooled down properly. If you want to use verticals with a bottom airflow atomizer, you need to wrap your wick around the coil.