The different discharge characteristic of Li primaries vs. Ni-Cd secondaries is a good point. But personally, the fact that this is the reason that the "professionals" favor Li vs. Ni-Cd carries little weight. Their situation is not mine, and mine is not theirs.
I think that everyone would agree the flashlight has to work reliably. Since we are talking about batteries here, reliability means batteries that have sufficient charge. That is the bottom line. The #1 risk for a battery to fail to work is that it is drained (I'll ignore things like defective batteries, battered contacts, etc). Unless you've used the battery too much and have depleted it, the reason a Ni-Cd is drained is because of poor shelf life (self-discharge).
Long shelf life = inherent reliability.
I can compensate for a shorter shelf life by implementing a regular recharging schedule. But I had better be diligent about it. Otherwise, stick with Li cells for reliability reasons (i.e., shelf life), not for discharge rate characteristics.
A slowly fading light is all well and good, but it is useless if your batteries have self-discharged in the first place. Plus, it doesn't address inherent reliability. It is a backup in case you've screwed up and have used less than full-up batteries in your gear. But if you don't carry spare batteries with you, the "warning signal" of a fading light isn't of much use. And if it is a life and death situation, why are you using poorly maintained gear in the first place?
So for something like a rechargeable 8NX that you might use a lot, I would just recharge the battery on a regular basis. The flat discharge curve of the Ni-Cd is a non-issue since the battery life is on the order of an hour and SurreFires are typically used intermittently. I certainly don't use mine as a general purpose light to provide constant illumination. I'm not going to drain the battery in one session. So I simply can recharge the battery weekly and I will be good to go. As stated before, regular recharging addresses my reliability selection criterion. The need to have a slowing fading light to indicate dying batteries never factors into the equation because it is moot.
For lights that I keep for emergencies (or weaponlights for home defense) that are stored for a long time and used little, shelf life is clearly the #1 issue.
Another consideration is environment. If you regularly are outside in very cold weather, I would go with Li batteries (unless you keep the light in your pocket or other warm spot).
jvn