Advantages of LCD based electronic viewfinder:
- Can be used as an external monitor, albeit small but at 3" it can be used for akward angles, on sliders etc.
- Magnification factor of 2X to 3X will not introduce major optical distortions like pincushioning and CA.
- Relatively high power consumption (half a day, maybe even less on built in batteries)
- 300+ pixels per inch with 24 bit colors under 3.4" are quite pricey. Most manufacturers won't consider a QTY under 100K pieces as the affordable ones are mostly designed for mobile/consumer applications.
Advantages of LCOS based system:
- Low power consumption
- High resolution, statistically
- Compact* size, less than 1" diagonal, often even less than 0.5"
- *Requires high magnification which introduces image degradation, 10X or more to achieve the relative image size comparable to LCD based viewfinders like the 2.7" Sony HDVFC30WR
- Can't be used as "monitor" for low or high angle shots.
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