@OP - selfbuilt has addressed this on your original thread over on the other forum. No huge dip even without a fan.
I believe that potentially the reviewer may have received a poor unit or one with high vF. In which case, anecdotal evidences suggest that differences in vF can cause a 40% differences in output with all else being equal.
I don't have time to conduct a run now as I'm wrapping something else up but will post my results in the future.
Selfbuilt's got some decent beamshots in his TN31 review on "the other site" and compares it to beamshots of the TN30, Catapult V3, Crelant 7G5V2 and Olight SR90.
I'll do some longer distance shots than his when I have time and will compare to the HD2010, Ultrafire Uf-T70, etc.
If you look at HKJ's review you can see two step downs. Bu it looks like the second drop is only down by 14% of the initial output, keeping constant approx 986 lumens, considering that HKJ estimates the same brightness as the manufacturer.