Regarding depth loss in discriminate, my MXT seems about as deep in coin and jewelry mode as prospecting mode with my 1.5 grain gold bead.
Also, Steve wrote some time ago how is older GB2 would function deeper in iron reject if the threshold knob was turned up all the way. He indicated that newer ones didn't seem to do that. Mine is a Los Banos unit, S/N 42223 and it clearly does it. I also believe it is very nearly as deep with iron reject on as with it off.