...Do NiCads discharge of their own volition? If so, how quickly?...
This page
provides all the information you'd ever need about nickel cadmium batteries. From the section on charging:
"When not under load or charge, a NiCd battery will self-discharge approximately 10% per month at 20°C, ranging up to 20% per month at higher temperatures."
...Nicads are no longer made because of the toxicity of cadmium...
About 15 years ago I purchased an X-Rite Densitometer that runs off four AA nickel cadmium batteries. Roughly seven years ago, the batteries would no longer hold a charge. I bought replacements at Radio Shack. Just last week, noting decreasing time between charges and sensing the end of that set's useful life, I ordered another four:
The original batteries in the densitometer were Sanyo brand. The listing for these indicates that, apparently, Panasonic has purchased Sanyo's battery manufacturing operation. I have no reason to believe the set of batteries en route to me is anything but newly manufactured.
Note that it is important to observe all equipment cautions and instructions concerning replacement batteries. For example, my densitometer's nameplate directs that only 600 or 700 mAh
NiCd batteries be installed, and warns that a fire hazard will result otherwise.
I consider $8.40 every seven or eight years for batteries to be a considerably better alternative than buying the current NiMH-powered version of my densitometer
which sells for $1,288.