I've owned 6 Elites and not one of them had "2 inches of ER". All have been at least 3 and depending on the power setting, 3.5" of ER. Those are 2.5-10 x40 I'm referring to. The first thing I noticed different on the 4500 were the turrets which are taller and very easily finger adjustable. Can't remember if they had a zero reset feature. The " Limited" version is not an Elite, and it is, in fact made in China. I believe it is now a member of the Legend family.