I think I am going to side with RonH on this one. I think that people may be mixing contrast, as pertains to resolution and MTF with saturation, or level intensity, which is a function of transmission. I have been guilty of that myself, and still do so occasionally. Some of this confusion is learned from the old CRT TV days. Do a Google search for contrast and brightness controls for CRT’s. They are actually labeled awkwardly and do not control what they claim to.
I do actually understand the difference in both cases
On a TV the "contrast" control sets the maximum white level (or more correctly the gain of a video amp which sets the maximum output level for a given input). The "brightness" control sets the black level (i.e the offset which just sets a black level signal to black on the display.
There are parallels in the optics world too.
Transmission == "contrast" control == setting the maximum white level (how bright can the image be).
Scatter == "brightness" control == setting the minimum black level (because scatter brightens the blacks)
The "true" contrast is really related to transmission/scatter (which is were veiling glare becomes apparent in a reduction of contrast in high light levels). But for a constant scatter it scales as transmission (which was my point above).
I really have to start a thread on Vubravitch's paper on bin design that ronh pointed us to: he points out that in daylight the bin's "efficiency" depends on only two things: the magnification and the transmission. Exit pupil, objective diameter and may other factors don't matter (so long as EP > eye's entrance pupil). Of course in real life how much bigger the EP is matters for other reasons but not in this ability to identify targets.
I think transmission is in general an under-rated factor by birders but good transmission at a reasonable price is easier to get today than ever before.
In all of these cases I'm assuming a "large" target so you are close to the zero of the MTF plot (i.e. at the highest values). Again for birders I can think of some cases (say a grating-like or a dotted or speckled or vermiculous pattern on a bird's plumage) which would move along the MTF curve and you'd start to see reduced contrast effects for high spatial frequency targets.
Just because a binocular will transmit 95% of 630 nm light does not mean the view contains that much light at that point (intensity or saturation). A view might contain only 2% light at, say, 500 nm and increase to 90% light intensity at 550 nm (again saturation) but the optics may only have enough resolution to display a blur of the average light color every 2, 5 or 10 nm depending on the resolvable angular width of the optics and the linear dimensions of the color transition. Resolution and contrast pertain to spatial relationship, or simply, how one space compares to other spaces of similar dimensions, 3 arc seconds or whatever size is the smallest to detect changes.
I think you misunderstand MTF and maybe are confusing spatial frequency with changing wavelength (frequency) of the light. That's not the case. The MTF doesn't imply any sort of wavelength resolution. These systems are linear and don't mix different colors. There is no binning into 2nm boxes. The MTF (which you usually measure at one wavelength though you can change to another value) says nothing about the change in MTF with wavelength which should change in a predictable manner though it may get worse in real life with multilayer coatings that aren't flat in frequency response. That would change the amplitude of the MTF. The width of the MTF should change with wavelength too.
The spatial resolution of a bin will vary by a factor of two over the visible spectrum. We just make a convenient fiction to quote a value (usually in the green about in the middle). It'll be 1.4 time higher at the red end and 0.7 time lower at the blue end. As theire all below the acuity of the eye it makes not difference to the user.