LAST EDITED ON Aug-20-12 AT 03:00AM (MST)[p]Pentax does not make a bino in the class of the Conquest HD or Meopta HD. The Pentax DCF ED is now out of its element in the $1000 class binos. A Zen Ray Ed3 will easily best the Pentax DCF SP.
The Conquest HD is quite an upgrade form the old conquest-same can be said for the Meopta HD. Both are sharper, brighter and have better contrast than the previous versions. No more yellow tint in the Meopta like the last Euro/meostar.
From the bulk of the reviews I have seen ( and some of my limited observations).
The Zeiss is brighter but shows a little more CA (color fringing on the edge of objects) than the meopta HD. Both are about equal in sweet spot and edge sharpness.
Some people have had eye relief problems with the Zeiss, it depends on you eye spacing and if you wear glasses. The Meopta HD is heavy by today's standards for a 10x42. The Meopta has bad placement and an easy to bump diopter. Ergos are better on the Meopta and its easy to hold.
You really need to look through both side by side under varying light/atmospheric conditions.
If I were going to spend more I would look for a used/demo Zeiss FL at around $1300-1500 as the next logical step up in optics. Superior to any current Leica, pre HD Swarovski SLC or EL. Only equaled/bested by the Swarovision and SLC HD and new Zeiss Victory HT.