It’s similar in concept to the Jaxman M8 throw version : XPL-HI + smooth reflector = compact sized tight hotspot thrower. The previous M1 and M2 were XM-L2 + orange peel reflector = balanced flood and throw.
I don’t have these new XP-L HI versions, but I have both XM-L2 versions. The M2 has a smaller head than the M1, so it’s a little bit more pocketable. Otherwise, I didn’t see any major beam differences between the M1 and M2.
Swap the XP-L HI for an Osram KW CSLNM1.TG and you’ve got a super nice pocket thrower !
My Olight R20 is nearly the same dimensions and I love it with the new White King
I'm tempted to get either the M1 or M2 with the new emitter and the updated firmware. XM-L2 with 3 modes versions were not worth getting since 2015 IMO. Very happy to see these models make a "comeback"
Biscotti is more important than the type of LED to me as well! Although it feels "wrong" when an S2+ with XP-L HI out-throws an OP XM-L2 M1 with its larger head.