I prefer the older models. On the older ones, the magnifying glass and Phillips head driver have the same "snap" when opening and closing as the other layers of the knife. On the newer models, there is virtually no "snap". Just a slow, gritty opening and closing. I have examples of both the old and new Swisschamp, Champion Plus, and Explorer Plus, and the previous statement is true on all of them. Also, as already mentioned the old magnifying glass is more powerful, but in addition, it has a real glass lens instead of the plastic on the newer models. The only thing I do like better on the newer models is the file. All of that said, they are both nice. Enjoy them. I gave my wife and son the newer models, and I carry the older.