I haven't scoped the 50W yet. Must get round to it soon! But I'm expecting it's similar to the 30W. It's certainly fine to vape a mini protank with stock 2.2 ohm coil at the same settings as on the 30W, about 3.7V to match an eGo batt, and the lowest setting it allows (3.3V with that coil) is noticably weaker (as it should be).
The 30W is not even blinking (at 3V+), because instead of the on-off of PWM the output is only varying by a small amount (even at 3V, which is the worst point of its DC regulation area). I don't believe anyone could tell it wasn't perfect DC when vaping
The 30W's PWM when under 3V is useless - low speed, non-RMS - and due to that the 3V setting is the lowest power output! (But with a low-wattage vaper's coil typicially being 2 ohms or more, the 5W lower limit stays above 3V anyway).