It's beyond me why we all are so adamant on the necessity to stay within the cdr of batteries with mech mods but for some reason the same safety recommendations don't apply to regulated mods.
Mech mods don't have circuitry with potential to impose current limiting and battery monitoring. Mechs also don't have firing time limits so one could fire a mech in a continuous manner, but not really with a regulated mod. Mech mods simply allow current to flow through the circuit once the switch is closed and the amount of power pulled is directly related to the resistance of the coil and voltage of the battery. Regulated mods (regulate) so the current pulled at the input isn't necessarily the same as it is at the output. Kind of comparing apples to oranges.
For example say I wanted to pull 200W on a regulated 2x 18650 device and allowing for 10% loss which would be on the high side, I'd need 220W at the input
P=I*V, P=V^2/R, P=I^2*R
220W @ 7.4V would be 29.7A on the input and the load would appear to be .248Ω to the batteries
Now on the output side and after the device (Regulates) and the true resistance of the coil is .1Ω and taking into consideration the 10% loss
200W @ .1Ω would be 4.47V and 44.7A, so even though this would exceed the cdr, the batteries don't see this current draw so it's irrelevant.
Whereas if you placed the same .1Ω load on a mech at 7.4V the batteries would see a 74A draw and 547W.
So I think what your missing mostly is the regulated devices have the potential to limit input current and secondly were not really vaping in a continuous manner but more in a pulse. But if we were, the regulated device wouldn't allow us to fire for more than 10-15 sec where a mech would allow a true continuous firing.
I know why it's so important for me to criticize manufacturers who create such devices, and inform people that they're exceeding the specs of their batteries which them.
And lastly while I'm sure this is with good intentions, assuming any regulated device is exceeding the specs without placing an ammeter in line to check what the max current being pulled from such device is just that an assumption, as different devices could incorporate a variety of different input current limits.
Edit: And to try to not derail this thread with misinformation parroted from numerous other threads there is a thread for this very topic that would probably be a better place to discuss.
200 Watt Mods Battery Safety