Don't think it will do lipo - the 1st pg of the manual says NiCd and NiMH. Seven page manual located here - about halfway down list.
http://www.integy.com/cgi-bin/webc.c...tructions.html
I've no experieince with your charger, but if its getting you NiMHs hotter than you can hold, its damaging them. They shouldn't be peaking at more than 130-135F. Mine peak in upper 120s, low 130s charging at 5a (4000mah and 4400mah pacs).