Looks to be like there are a few issues with the firmware that I'm thinking most if not all of which can be remedied with a firmware upgrade.
joyetech have stated that the 1.0 firmware that ships with the
device is technically still basically an early release version, and that a new version will be available probably early in the new year. But out of the box it looks like it'll be limited to about a 2.8A output (may be hardware, may be firmware -- this is probably a firmware limitation to make sure it doesn't crap out in the mass market while they stress-test a new firmware for higher outputs), doesn't dynamically adjust voltage to meet wattage when a new
device is attached (firmware issue), forgets settings when in standby but not when turned off and on again (firmware bug no doubt), and won't shut off when the battery reaches critical levels (really
bad firmware issue, but a firmware issue nonetheless).
Hopefully they'll address these issues with the 1.1 firmware.