I have to say that vent holes don't make me feel that much safer, wherever they are located. I mean, I suppose it's a good idea in theory.... But I much prefer not overstressing my mods, not vaping up to highest wattage, and building reasonable resistance builds on RTAs, so the mod isn't straining to do anything, nor the battery.
With decent battery safety, the idea is that no venting *needs* to happen. I also agree that sometimes vent holes might work, others just don't. It's interesting to know that batteries start outgassing at the top end however. My steampunk has vent holes in the bottom, but one battery the positive end faces up, the other faces down. They're a fairly tight fit in there.... IDK what would happen in the event of thermal runaway, honestly, and I certainly never want to find out.
If anything's going to be regulated by the FDA, mod wise, I guess it sounds like strategically placed vent holes (i.e., if they're at the bottom, the mod should be designed for the negative ends to be closer to the face of the user, etc.) would be a reasonable thing to do.... With that said, I still think there are going to be people who think they can run a "high wattage" device at the HIGHEST wattage, simply because it is there. Those folks are most likely to have problematic batteries in the first place. Sigh.
Anna