Nikon packed a lot of features into the Z 24-70mm f/2.8 S. From complex optical formula comprising of four aspherical and two extra-low dispersion elements, to advanced coatings (ARNEO, Nano Crystal Coat, Super Integrated Coating, Fluorine Coating) to other extra features such as an OLED information panel, a programmable ring and a function

I did some research and I stumbled upon Ken Rockwell's 35-70 review, in which he states: This 35-70mm f/2.8 AF-D was Nikon's flagship professional midrange zoom of the 1990s, and has pretty much the same optical performance as the newest 24-70mm f/2.8 AFS, with a lot less size, weight and cost.

The $1,000 Nikkor Z 24-70mm F4 S is decidedly compact, and while you can't make the same claim about the pro-grade Nikkor Z 24-70mm F2.8 S ($2,300), you don't expect pro glass to be tiny. Nikon now has a slew of zoom lenses corrected for full-frame Z-mount cameras covering the standard 24-70mm range or more: Besides the Z 24-70mm f2.8 S and f4 S plus Z 28-75mm f2.8, there’s the Z 24-200mm f4-6.3 VR, and now the Nikon Z 24-120mm f4 S. NIKON Z 7 + NIKKOR Z 24-70mm f/4 S @ 70mm, ISO 1600, 1/8, f/4.0. NIKON Z 7 + 70-200mm f/4 @ 110mm, ISO 64, 1/60, f/8.0. More image samples of this lens can be seen on Nasim’s review of the Nikon Z7 camera.
The Nikon Z 24-70mm f/2.8 S reaches up to 2.93% distortion, also pincushion at 70mm. Meanwhile, the Nikon Z 24-120mm f/4 S has 5.01% barrel distortion at its highest, which is at 24mm. Finally, the Nikon Z 24-200mm f/4-6.3 leads the pack (and not in a good way) with 5.82% barrel distortion at 24mm.
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nikon z 24 70mm f2 8 s review