The end switch assembly is, for all practical purposes, sealed from the battery, so a vent anywhere below the switch assembly would be ineffective. I had a couple of requests to put vent holes just above the switch (at the bottom of the battery) which i'm going to do, so if you want it, i could do that. With an AW protected 18650 or similar battery, vent holes are probably over kill. Personally, i like the clean look of no vent holes on the Precise, but it's a personal opinion.
IMHO placing vent holes just above the switch would prove pointless as AW batts vent from the positive end (design).
Vent holes designed after the unfortunate incident, were designed to vent away from the individual, angled away from their face and prevent catastrophic failures (read exploding). If there is sufficient room in the device to accommodate the rapid expansion of gases, then by all means these vent holes at the bottom will provide a greater degree of protection, providing the handling volume of the vent holes are indeed capable of handling the expansion of the gases generated. The latter would ensure venting whilst prevent extensive damage to the unit.
In the case of the precise, because of internal clearances of the unit, there is no way to sufficiently vent the unit without making it into a cheese grater during a thermal runaway.
IMHO instead of looking at someone else to ensure ones safety, it is my humble opinion that folks that are paying top dollar for a battery mod, stop skimping on batteries and buy the best batteries and charger that one can buy, with a reputable track records. It is further my belief that folks that are going to use their device outside of intended norms, learn the possible dangers associated with using the device outside of recommended norms.
A battery mod = PIPE BOMB, and more dangerous when batteries are used in series (stacked). That being said so is your cell phone. But we do not hear of too many cell phones exploding, but batteries have been known to fail. Some by manufacturing defects, but most often user stupidity, or eccentricity of using a device outside of its designed characteristics. e.g using a low resistance atomiser on a 10440 batt.
David cannot foresee how you are going to use the device. It is engineered to provide a certain degree of safety when used within its design consideration and limitations. It was designed around the safest batteries on the market at this time. The rest is up to you
Safety is everyone's concern, not just the vendor.