RE: 4.8 or 6.0 volts?
Lots of flyers using 5 cells are also using a voltage regulator to keep the voltage from going above 6 volts and damaging servos or a receiver. I personally am using 2 cell 7.4v 1600mah lipos with a 6 volt regulator in my planes. Much lighter weight than Nicd or Nimh and I can fly all day.