I'm not trying to compare it to the NXS, I already have that scope and I like it a lot. I'm just wondering about comparing it to the Competition which has more magnification. The 34mm tube only gives it more elevation adjustment range, it's doesn't transmit more light as some people think. On the other hand since the range is only 55MOA, they probably used bigger internal lenses which would be a plus for clarity and resolution. So there may be something there.
What does surprise me about the NF Competition is that the objective lens went from 56mm in the NXS to 52mm. Making the objective lens smaller reduces the amount of light that can enter the scope and with increased magnification, the exit pupil shrinks further. I would have thought the Competition might have kept the 56mm objective, but it didn't and that's one reason I'm hesitant about it. In my late youth, my eyes need all the light they can get in the early morning or heavily overcast days.
My main point is that I see no advantage in going to a 7-42X56 from my current 12-42X56; I would not gain any magnification. To me, the only thing that would cause me to spend that amount of money on another scope for my F-TR rifle would be more quality magnification.