Same company...different quality bows???

you're pretty close. not a whole lot different in quality... maybe a little. Same cam system. Kinda like Honda/Acura Toyota/Lexus.

very similiar,i use the Hoyt Magnatec ,awsome bow i wouldnt shoot anything else .

I don't think that reflex market's any bows in the 31"range,but not sure.Also Hoyt makes a few different limb options,I don't know if they use the more costly xt limbs or not.

Basically the same bows with a few key differences. To my knowledge the draw length range on the Reflex "cam and a half" is slightly shorter than the Hoyt's. The reflex models use the less expensive Hoyt limbs, ZR200 for example. The riser designs on the two new models are from previous year Hoyt models...the Magnatec and MTSport.

Basically what you are looking at is Hoyt's previous years' designs still being offered so that folks can enjoy them through mail order/internet purchases.