Yes the SV is worth the upcharge from the EL-I have owned both at the same time in 8.5x42. The current SLC model is a upgrade over the EL also.

I would look for a recent produced SV. I hear they eliminated some of the rolling ball/globe effect that the early models had (8.5x42 was the worst).

I however would recommend and prefer the current SLC model over the SV or any other binocular at the moment.