If you're talking about the standard iStick, it should go up to 20 watts, within reason. It also has an amp limit built in, that can drop that number. (I just pushed mine up as far as it would go, and that was 18.9W, with a 1.5ohm coil.
This particular device will fire down to 1.0 ohm, so you should be fine there.
The math doesn't really work that way though. Less ohms and more volts are roughly the same concept. Watts is the temperature that the coil gets to...Sort of like a light bulb. A 100 watt bulb is brighter than a 65 watt bulb, right? That's exactly how your e-cig works. (Which would make sense, since an incandescent bulb is basically a heating coil)
Keep in mind that the thickness of your juice and the temperature of your vape will change how it tastes. The same juice at 8 watts will not taste the same at 15 or even 10 watts. Similar maybe, not the same.