Complete newbie question here..

I have this ESC that came w/ my re-re hotshot kit. As this is my first foray back into the hobby after 30 years, I am having trouble comprehending some of the newer (to me) advancements in technology.

How does the LVC work for NIMH batteries? I think I have a good understanding when using LiPOs but not sure about NIMH. The description on the Tamiya site says "low voltage to 4.8V for LiFe and does not support LiPo at 6.0". Does that mean the LVC only works for LiFe batteries?

What happens when my battery runs low? Will I still have control over the steering servo while the motor is shut off? The accompanied setup video's don't talk about this specifically.

Thanks for your help.

It isn't needed on MiMH batteries; you can safely turn it off and you should.

Okay, thanks.

So when I turn LVC off, what happens when the battery drains down? I assume it's up to me to know when to stop before I have a runaway vehicle? Just like the old days?

The car should just slow down and stop - with modern 2.4 radios, you shouldn't have a runaway.

Thank you.

Can you or anyone else explain what you mean by "...with modern 2.4 radios"? I realize I may be asking you to run through 30 years of radio technology....

Just trying my best to understand the situation.

Airplane oriented article but it works the same for cars: http://www.rcmodelreviews.com/spreadspectrum01.shtml
Also, since that article was written, the technology has improved even more - one common/popular Futaba receiver now is the one that doesn't even have an external antenna anymore for example.

Thank you.