Nothing wrong with either scope, really. However, the Zeiss does have better glass, and costs about the same. Something is definitely wrong with that picture!

My feelings about Leupold are you can never go wrong choosing one, but you will spend too much money for what you get. You can spend less for equal (sometimes better) performance and you can easily exceed Leupold performance for the same price (see your Zeiss Conquest, above).

It really depends on your definition of value, I guess. Safe...but overpriced vs. lesser known but better.