It just so happens that I have owned a pair of Leica 7x20B binoculars for close to 20 years. Picked them up from the Eagle Optics used counter. The original owner grew to hate the individual eyepiece focus and traded them in. I got them when they were about 1 or 2 years old, in mint condition, for $125.
I have carried them all over the USA, from Washington/Oregon/California to Utah, Texas, Maine, Florida and many more. They still work just like new.
They do give a bright, fairly wide image. There's a bit of pin cushion on the edges. Coatings are so-so, below what one would expect from Leica. Outer reflections are blue'ish but I believe are multi-coatings, inner reflections are white, no coatings. Thus contrast is only fair under harsh lighting conditions. Close focus is around 13'. Made in Portugal.
I like to take them when I'm out in prairies, on beaches, open terrain & rugged trails. Out where their ruggedness and water resistance are useful and most objects are of medium to moderate distance. But when in woods & the such where your object of attention might vary from a treetop down to 15' away, they take too long to get focused. It can be done, but not if a bird is moving around a lot.
Pros: Rugged, easy to handle, wide IPP, sharp images, precise focusing, decent brightness, pull out eyecups.
Cons: Individual focusing means slow focusing, only fair contrast - not good at all when looking into difficult conditions at sunrise or dusk - given the fair contrast and small objective.