The switching circuit just controls the pulse width into a high frequency step-down transformer to achieve the required output voltage. If the input voltage is high (250 VAC), and the output current is low, the transfer pulse is very narrow, or even nonexistent . When the input voltage is low (100 VAC) and the output current draw is high, the pulse width is much wider. By inputing 48 VDC ( really closer to 55 VDC), the regulation system widens the transfer pulse to maintain the output voltage. I've only used 7-10 modules by various well known manufacturers, and all have worked. I don't think I've used any that had an output voltage higher than about 16VDC, and I've never tried anything but 48VDC, and always connect the neutral input pin to the Neg supply, so I make no claim outside those parameters. Clearly, your experience may vary.
On a personal level, if I was in your position, (with my admitted personality defects) I would just go ahead and try it. The battery charges at several amps, so the wire size would be more than adequate for 150 mA. If there is a reverse polarity protection diode, the supply will not develop an output, but would not be harmed. You have to be aware that you will probably not be protected by any low voltage protection circuitry. Just be very careful with your connections, as if you make a short circuit across 48 VDC, you will probably damage something.
Alan, what 's your thoughts on the subject?
TTFN,
Dennis