Jody,
Good comment/question.
I don't think you're missing anything, at least no more than I am.
I'm a hold over fella also. Mostly because I'm a "hold over" from the old days when I had a duplex reticle and figured the drop at distances from the reticle center to the top of the bottom post. Missed a lot of nice bucks that way. /ubbthreads/images/graemlins/crazy.gif
Since I've become serious with LRH/S /ubbthreads/images/graemlins/grin.gif the next logical progression was the Mil-Dot which works pretty darn good (sux for ranging w/my eyes but great for hold over. I also use a LRF). The short coming for me is the lack of precision when attempting to discern tenths of a mil. 1/2 mil is straight forward, 6 and 7 tenths is a bit more difficult. .1 and .9 are easy, they are the bottom and top of the round mil dot respectively.
The desire then becomes the NP-8, TMR or NPR2 which is the next level of precision.
Regarding clicking, I realize that it is much more precise than any of the reticles but when there's hair in the field of view, my mind can't seem to keep track of how much to click where and "****, did I reset from the last time I adjusted" /ubbthreads/images/graemlins/crazy.gif /ubbthreads/images/graemlins/frown.gif /ubbthreads/images/graemlins/blush.gif
RE: the BDC, none of them are designed for the bullet/velocity that I shoot thus the yardages on the reticle don't coinside with the actual distances. Just another thing to keep track of.
My solution to the whole problem is get a cartridge that will push the bullet so that with a 100yd zero the bullet drops no more than 5 Mils at 1K. (Sweet!!!)
My scopes can be clicked and I guess as somewhat of a newbie myself I'll practice on "rocks" and chucks but for meat for the table I'll stick w/hold over for the time being.