Thanks for the replies. I don't think it is worth it to fly with a questionable battery, and will plan to replace. I cycled it twice and got similar results (about 500mAh capacity on a 1400mAh battery). I thought that cycling would discharge to a pretty low but safe level and then charge, and that the reported capacity by my charger would be near the rated capacity of the battery (1400mAh). Since I am only getting about 30% of rated capacity I will ditch the battery, unless I am doing something wrong with the charge cycle.