Here is a Callie's Kustoms HD 18650 vs. my 1+ year old AW IMRs. I actually thought they were older than that. Is this a fair comparison? You decide.
I keep reading words like "reliability", "durability" and "long-term" when talking about reasons to buy AWs. So it stands to reason that the AW should be able to hold is own after a year or so. These 9 runs were all done TODAY (8/23/11).
The Cells
AW IMR 18650 #1 & #2
Purchased: From Lighthound 6/18/2010
Usage: Not much. Occasionally would fill in for a LiCo in a 1.4A light and rarely run a ROP Hi. Most of the time they have been stored. Some of that time was fully charged just sitting on the shelf and the rest of the time was stored @ 3.8v in the fridge.The cells have never sat after being discharged and I followed charging guidelines specified by AW, but almost always charged them at or above 1C.
Callie's Kustoms High-Discharge 18650 #1
Purchased: Was given to test by Jordon @ CK - 8/8/2011
Usage: Limited testing. Now I'm starting to use them the way I would any IMR (discharging to 2.5v and charging at 1C+)
Facing off at 3 Amps discharged to 2.5v:
AW IMR #1: 1272 mAh
AW IMR #2: 1338 mAh
CK HD #1: 2227 mAh (2180 mAh to 3.0v)
(I forgot to put the temp sensor on until the very end)
OK.... how about 5 Amps (to 2.5v):
AW IMR #1: 1219 mAh
AW IMR #2: 1294 mAh
CK HD #1: 2201 mAh (2127 mAh to 3.0v)
Time to put it all on the line - 10 Amps! (to 2.5v)
AW IMR #1: 81 mAh
AW IMR #2: 103 mAh
CK HD #1: 2209 mAh (1967 mAh to 3.0v)
I'd call that a K.O.
If anybody would like to test my cells to verify my results, I'd be happy to send them to you, just please don't return the AWs. :) Likewise, I'd love to test some new AW IMR18650s if anybody wanted to loan them to me. (Unless you are AW, in which case I'm keeping them for repayment of all the underperforming IMRs I've spent hundreds of dollars on.)
Maybe a new pair would hold their voltage better than the CK, but I think that would be tough. There's no guarantee that they are even the same cells underneath. (I know what a CK HD is. :p) Even then, they're going to lose in the capacity department by a wide margin.
The only other areas of concern are longevity and safety. My pair of AWs may last forever and not lose any any more capacity, but they don't have enough to begin with. The main concern with the Panasonics is the "unknown" level of safety. Until somebody shows me what it takes to make both cells explode, and that there is a difference, I'm going to treat both the same.