Hi Jim
Since I am on the other side of the globe, others get a chance to pile in with help before I am even awake … :-)
I will try to add a few helpful comments.
Yes, I agree that the 22 oz white gas tank is similar to the Powermax 300 g tank in size and similar in weight. But note that in 'filling' either one with fuel you have to leave some air space. This space does not have to be large for the Powermax, but with the 22 oz white gas tank you do need to only fill to about 2/3 capacity. That fouls things up a bit.
In addition to the fuel capacity and weight of the tanks one also needs to consider fuel/stove efficiency. White gas as a duel is not as efficient as propane/butane, for a host of reasons include the hassles of priming. My experience – others may differ, is that I need about 50% more white gas in practice.
Purely as an aside and probably not relevant: the Powermax canisters are pressure tested during manufacture to handle the rather high pressures involved. I don't think the white gas tanks would necessarily be able to handle that pressure. They might, but they might not.
I did a comparison of the Xtreme and the Simmerlite in one of the printed BPL magazines many years ago. Right now I am not sure whether it was republished on the web. Ah, yes it was:
http://www.backpackinglight.com/cgi-bin/backpackinglight/msr_simmerlite_vs_coleman_xtreme.html
Cheers

