PROBLEMS WITH MANUSCRIPT: In reviewing the figures of your paper, we note that the following changes would be needed in order for your figures to conform to the style of the Physical Review. Please check all figures for the following problems and make appropriate changes in the text of the paper itself wherever needed for consistency. * Please delete the symbol "*" between units (fig 14-16). ---------------------------------------------------------------------- Report of the Referee -- AT11669/Cere ---------------------------------------------------------------------- The present paper by A. Cere and colleagues reports on a detailed experimental characterization of a photon pair source based on four-wave mixing in cold atomic ensemble. The group has used this method in a variety of previous demonstrations, as well as other groups did over the recent years. The focus of the present paper is to provide a summary of the different figures of merit and to confirm how experimental parameters (number of atoms, detunings, powers) governed these figures. These observations are compared to a well-established 3-level model. This detailed study will be certainly useful for future implementations as this technique is a powerful method for single photon generation and subsequent light-matter interfacing. I therefore recommend publication in Physical Review A after the authors address the following important points. - Additional details should be given for the implementation. I did not find for instance the temperature of the atoms or, more importantly, the diameter of the beams used for the FWM. Also, the authors should precise if the residual magnetic fields are canceled or not. - In section IV, only coincidence histograms are given. It would be interesting to provide the correlation function of the heralded single photons. - Concerning the heralding efficiency, i.e., a major figure of merit, it seems to saturate in the best case around 20% when the OD is increased. The authors should detail this saturation and discuss the fundamental limitation in this number. Also, as various experiments are developing with very large OD, above 500, what will be the behavior for such systems? - In figure 8, the model is in good agreement for large powers but it seems not adequate anymore for small values. Can the authors comment on this discrepancy? Also, still on figure 8, the powers should be labeled by the color of the corresponding curve. ________________________________