I do believe he was taking into account the capabilities of the chip. We know from past experience dna chips are really good on battery. We also know that YiHi isn't quite as good. I can speak from first hand experience that a single battery DNA40 is still pretty good compared to a dual battery SX350J.....
Could be the case.
I just don't really like mixing untold (unfounded?) parameters, factors with simple numbers even if they are nominal numbers.
Besides, my unfounded
Unfortunately, our batts have a significant and load-dependent initial voltage drop under load. As a result, your V can easily drop below cut off under load but if you take the batt out and check the V it will be above.
If this is the case with Yihi it would mean quite a reduction in achievable output. But like I said, I don't know.
Edit: you can play with the volt meter a lot in VW/Bypass mode
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