Definitely. Clive, who handles Petzl's UK PR has been using the Nao a fair bit in the Lakes, which as you can imagine involves rain and snow and he did say that the conditions can confuse the light, so it's definitely something we'll be paying attention to.
To be fair, I'd expect the reflected light to dim the torch which is probably what you want, but I'm wondering if the light level will fluctuate annoyingly in use. I guess we'll find out soon enough, this being the Peak...