Steve,all technologies “progress”. Not always for the better either.
First we had NiCd which was great if you looked after the way the battery packs were charged. Sanyo claim 1,000 recharges. Plus they can last for many years. Only real downside is they are toxic for the environment of incorrectly disposed of.
Then came NiMh. They had only 500 recharges and they self discharged at a prodigious rate. Each self discharge counts as a cycle whether you actually used the battery pack or not. Ever went to use your digital camera with AA rechargeables and they were flat? That is why Sanyo invented the Alkaline Hybrids. They still only have 500 recharges.
Then came Li-Ion. The latest and greatest. Not for me they ain’t. I can’t use them here in Australia because my battery supplier does not fit a proper low voltage cut off. If they get too low they are toast. I understand that even if they did have the low voltage, they all have a built in life span of about 3 years no matter how many times you charge them. About the planned life span of a lap top or mobile phone.
The latest and greatest is now Li-Po. They are much the same as Li-Ion with the same life span but infinitely more dangerous. They are supposed to be charged inside a ceramic container for safety which basically precludes them for our usage.
I know nothing of Li-Fe. They may in fact be the holy Grail of batteries. I don’t know, but I doubt it.
Given the shortcomings of all the newer chemistries I firmly believe that NiCd is still the best value for money over the long term. I know of many cases where Sub C NiCd batteries I fitted 10 - 15 years and more, ago that are still going strong.
So is induction charging smoke and mirrors? I’d wait until it is proven to work and proven to be safe before believing any of the hype that is undoubtedly going to accompany the marketing.