Another option for thermal improvement: turn body into pcb. http://www.camnano.com/product-3D.html
Note that it would enable eliminating driver cavity, reflowing components on all internal surfaces, seems more elegant than Zebralight engines (which I have in high regard).
I wonder if MOQ and price would be feasible for flashlight manufacturers… and if yes - would it be only large makers of expensive lights (Olight f.e.) or smaller ones as well (Mateminco?).