Many eGo batteries, including the original Joye eGo, use a regulated voltage chip. Regulated eGo batteries put out 3.2 volts all the time, whether fresh off the charger or close to needing a recharge. Other eGo-type or eGo-clone batteries are unregulated, so they put out whatever voltage the battery provides. This type will provide more volts (typically 4.2 volts) with a freshly-charged battery, but gradually less as the battery drains.
My first PV eight months ago was a 750mAh Riva kit from Liberty-Flights, which had unregulated batteries. So I've never actually vaped an eGo that runs at 3.2. I don't vape at 3.7 volts much anymore, preferring the higher and adjustable voltage of my VV boxes, but those two Riva batteries are still good and going strong. I keep them in my car as emergency backups for a 5-volt passthrough that runs off a 2-amp usb auto adapter.
My first PV eight months ago was a 750mAh Riva kit from Liberty-Flights, which had unregulated batteries. So I've never actually vaped an eGo that runs at 3.2. I don't vape at 3.7 volts much anymore, preferring the higher and adjustable voltage of my VV boxes, but those two Riva batteries are still good and going strong. I keep them in my car as emergency backups for a 5-volt passthrough that runs off a 2-amp usb auto adapter.