No problem... at 1 ohm, you'll still be fine with the Efest.
Just be sure that when you plug your resistance into the Ohm's Law calculator on Steam Engine that you use 4.2v as the voltage.
4.2v is the voltage of a freshly charged battery and will give you your highest amp draw. Aside from a short, that'll be the most dangerous time for firing a low res build.
Also, make sure to check your battery voltage regularly during usage. Once your battery drops down to around 3.5 to 3.6 volts, put it on the charger... you do not want to over discharge the battery.