Technically that's High Voltage vaping, and even though I don't (I stick with 3.7 volts) the XM power supply is an adequate power source. It is regulated and you won't be drawing continuous power like listening to Hendrix on the XM (now that's drawing power).
I would suggest a couple of methods to try (all require the addition of a good switch):
1) get High Voltage atty and use the 5.2 volts, which will probably be 5.0 or so loaded.
2) use a regular atty, 901, clone 510, with a resistance above 2.5 ohms and put a 0.7 volt drop in series with the atty. That would give you about 4.3 volts loaded and more than any standard e-cig battery. Polarity of the diode will be self evident (backwards won't work at all). If you get a few one amp cheap rectifiers, you can parallel them to increase current capacity (not quit 2 amps for two 1 amp ones in parallel because they aren't perfectly matched). Higher rated rectifier would be better of course.
3) Two rectifiers in series to drop 1.2 to 1.4 volts, giving you a loaded voltage of 5.0 - 1.3 (about) or 3.7 volts, pretty much like regular vaping with a regular atty. Attys would probably last longer than using the higher voltages but vapor would be less.
4) A combination of the above with multiple switches giving 5.0, 4.3 and 3.7.
Rocket