The feasibility of positive energy yield in systems with the p–11B reaction is considered here by considering refined (optimistic) data on the reaction rate. The analysis was carried out within the traditional framework for magnetic confinement systems, but without taking into account a particular type of plasma configuration. The energy balance was considered both for the ions and electrons. The balance of particles includes all species as well as the products of fusion (alpha particles). Calculations have shown that accounting for the content of thermalized reaction products (alpha particles) leads to an increase in radiation losses and a decrease in gain to Q < 1. In the steady-state scenario, the energy gain Q~5–10 can be obtained in p–11B plasma, if only the fast (high-energy) population of fusion alpha particles is considered. For pulsed modes, the gain value is proportional to the content of alpha particles, and it is limited by the complete burn of one of the fuel components (boron), so it does not exceed unity. In the analysis we did not rely on any assumptions about the theoretically predicted mechanisms for increasing the cross section and the reaction rate, and only radiation losses (primarily bremsstrahlung) dramatically affect the gain Q. Thus, the regimes found can be considered as limiting in the framework of the classical concepts of processes in hot fusion plasma.