That was fun, and I learned a lot.
I compared the 7x35 (600') Holiday with the 7x50 (525') Commodore, both made in 1978 and marked fully coated optics. I also included the standard and ED versions of the 8.5x44 (430') 804 Audubon, which were made in the mid 1990s with fully multi-coated optics.
Holger Merlitz' rank order method of comparison makes the most sense to me (see .pdf file). Ratings are averaged for tied scores. The column totals should always equal 10 (i.e., 1+2+3+4) in this case, and the row totals become the final "score" for the binocular, weighting the importance of each of the seven factors equally.
I found the dead-center sharpness to be equal except for the 804ED, which is in a class of its own for this and color contrast. I define lateral sharpness as ±20 deg from center (sweet spot) within the apparent field, and here I felt that the older models were not quite as good. This judgement could be argued. Color contrast was also lower for the older models, in general, and vignetting was a super big problem for the Holiday as well as prism mirror reflections. The Commodore had very slight reflections at the lateral edges.
So, all in all, I'd pretty much favor the newer Swift binoculars, which are also ergonomically superior. The older models might get a nod for sheer bulk and durability.
With regard to the use of BK7 glass, it seems to me this was done with the Holiday to keep down lateral CA, which would be quite large over such a wide field. This was quite a success as it was minimal even at the edges. On the other hand, this came at the expense of severe vignetting, which is evident at all times and particularly when one looks at a clear sky. The edge reflections from the prism may also result from BK7, but I don't understand the geometry. I'd never buy a binocular like this for anything but my Swift collection and experimentation. Now I know what bad vignetting does to the view.
Do any of you have similar experiences with BK7 glass?
Blue skies,
Ed