Ya know I'd be more impressed with the 551 if they used a 123 battery or two. Then I'd only have to deal with one type of battery for both the sight and the light.
But since I need to have two types - might as well make the sight's battery the common one.
[i]Edited to add[/i]
The concept of EO Tech using CR 123 got me thinking so I did some research.
Typical N battery (From Energizer) has 1000mAh and weighs 9g. You need two of them to make 3v, so your weight goes up to 18g.
Typical 123 battery (lithium) is already 3v, has 1300mAh in capaciy, and weighs 15.5g. So for a bit less weight and a bit less space needed you could run the EO Tech roughly 30% longer. As a bonus you'll get a longer standby time, better cold weather performance, and compatibility with your light's batteries.
For some reference, here are the figures for an AA battery pack (need 2 batteris for 3v) [data all from Energizer so all batteries are from the same manufacturer]:
Lithium 2900mAh, 29g
Alkaline 2850mAh, 46g
Alkaline (E2) 3135mAh, 46g
NiMH (rechargable) 2100mAh, 54g
A double 123 battery pack would be a bit shorter than the Lithium AA unit, weigh virtually the same, and pack 2600mAh. So you'll save a bit over half an inch in length and lose about 10% of capacity compared to the AA Lithiums.
This compares with saving an inch of length and 11g but giving up 65% of your capacity (run time) comparing the N's to the Lithium AAs. So is 0.4" and 0.4oz (difference in size and weight compared to CR123) worth 55% of your run time? I hardly think so.
I don't know what EO Tech was thinking - but N seems to be a poor choice compared to either AA or CR123. Especially when you consider Logistics.