Phil, I think that there are different NiCad qualities and technologies, some superior to others. The same mzy apply to NiMH. It is probably safe to assume that Festool uses the best of the breed. My own experience with NiCads is that they tend to lose charge unused much quicker than NiMH, although that experience is with 18v B&D NiCads, which is not a heavy line of tools. Those are a real pain, because the charge dissipates very quickly if unused if not on the charger. My DeWalt 14.4v NiMH batteries, on the other hand, hold the charge off the charger much longer, and the run time is much longer. The run time, however, is no doubt also a function of the battery quality as well as type.
I have read that it is not good to leave any battery idle without charging for long periods, as they do have a shelf life. If you have a tool with an advanced charger that maintains a safe charge level, it is probably better to alternate the batteries on the charger and in use than to keep one in reserve unused, or at least uncharged.
I am interested in other opinions, so battery experts please chime in.
Terry