It provides less magnification (0.6x versus 0.8x) than the standard finders, but allows the user to hold the camera up to about an inch and a half (40mm) from the eyepiece and still view the entire screen. So who needs one? They are extremely popular for use in underwater housings, when you have to deal with the additional bulk of the mask and housing between you and your camera. It provides an upright, unreversed view: think of it as a super-HP finder, and you won't be far off. I have heard that they are occasionally difficult to view in bright (side) light, as the image may be washed out without your head to act as a shade for the eyepiece.
Some numbers for you gearheads out there: it is overall 71.6 x 55.6 x 40mm. The entire field is visible when the eye is up to 60mm behind (axially) the eyepiece; when the eye is 20mm behind, you may move up to 16mm vertically and 24mm horizontally and still see the entire field. The eyepiece is rectangular, 32 by 26mm.
The Nikon F2 with an eyelevel prism is one of the most crisply designed, cleanly styled cameras ever made. It is at once distinctive and elegant. I said it about the F and it applies just as much to the F2; the main differences between the two prisms is merely cosmetic -- where the F's eyelevel prism comes back in three distinct planes, with two crisp edges running from the peak of the prism to its back, the DE-1 is smoothly rounded in back. The overall effect is similar to that applied to the F2 when changing from the F -- where sharp creases once ruled, the F2 has been blended and rounded. It is overall 55.9 x 36.1 x 40mm.
Overall, it is 52.1 x 66.4 x 40mm (when open).
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