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Judging by the photos, this is definitely different from the original istick. The top and bottom caps have been changed. It looks like there are chromed rings around the ends of the extruded enclosure that the caps fit into. The top cap slopes up to a 22-23mm landing pad that flairs out from the enclosure. It's difficult to tell by these photos. But it looks like the top cap has been drilled and a 510 connection press-fitted. The extra height is more than sufficient to incorporate an adjustable pin. But it doesn't appear to be screw adjustable. (Spring loaded?) I'm not sure that I trust the stats on this page however. It is still listed as being 75mm tall. Unless eleaf shortened the enclosure (easily done with extruded aluminum) to make up for the additional height of the top cap, it is more than 75mm tall.
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It is stated as still being a 3-5.5V device. If this is indeed the case, the amperage limit would have had to be increased to reach 30W (and then only at 1Ω @ 5.5V pulling 5.5A). Anything lower than 1Ω would need much higher than 5.5A to reach 30W. In any case, a new firmware would have had to have been written. So there's hope that it's tuned to RMS. It would be a solid 20+W device from 1-1.5Ω.
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There are so many unknown variables here. IF Eleaf has fixed the tuning, 510 & QC/build quality; this "30W" iStick is simply what the original should have been all along: a sub $30, darned-near perfect 20W APV that's ideal for 75+% of today's vapers. Even low wattage vapers would love it!
Definitely getting more interesting. The competitions are piling some pressure on eLeaf, and I really look forward to any improvements. I believe 2015 will begin with some good box mods being introduced.

