Hey guys, just wanted to mention this in case you run into the same problem. I had just finished converting the second Maxy module I have and set it up just like the first one. Same current, nearly the same output power and it died rather quickly after being ramped up to full power. The first module was making about 770mW and the second one was making about 810mW. The only difference between the two modules, was the lens being used. The first one is using one of the 405nm AR coated 3 element lenses. Since I didn't have a second 405nm lens, I just used one of the cheap acrylic lenses. After discussing the failure with the folks on the IRC chat thing, it seems the failure may have been caused by back reflection. The first module has run for several hours at full current and has been fine. Can't say for sure if this is the true cause of failure, but it's highly suspect.
There is one more thing to mention about the acrylic lens used, this lens came from a pointer I purchased from LPF about a year ago. The baffle was cut away, I presume to allow more light to hit the lens and this may have also contributed to the failure.