The reason the Bushnell Elites are so much better than the lower range of Bushnell products is that Bushnell bought Bausch and Lomb and later rebranded the Bausch and Lomb product line as Bushnell. So the Bushnell Elite products and the 3200 and 4200 rifle scopes are the old Bausch and Lomb optics that compete fairly well with the premium optics and at a lower price point. I have quite a few of the B&L optics under the old brand and the newer Bushnell brand and they are very good. Better still are the Zeiss, Swarovski and Leica, but they are much more expensive. Getting a pair of Zeiss binos is great!
If you buy a Leica, make sure to send in the warranty card within 30 days of purchase or you will not get the lifetime warranty coverage. That coverage is only available to the original user who registers the product in the time allowed. Since many people (me included) fail to register their optics in time, I consider Leica's warranty to only be 10 years. I didn't even know about this situation until after the registration period expired on all my Leica products. Now that I have about $10,000 of Leica optics that I bought new, I am not thrilled with the idea of the limited warranty. On the other hand, I personally have not had any warranty issues with any of my Leicas, although some of my friends have. My best friend had to buy a new pair of binos at list price and was given a $600 credit by sending in his original pair. That left him with $1400 difference in the purchase price which was only a couple hundred dollars less than what he could have purchased the new binos for at a discount house. So, he basically only got $200 for his original pair!
Allan