The Nikon BDC is my least favorite compensating reticle, and I hate compensating reticles in general - especially in second focal optics.
In particular, the Nikon BDC’s with the HOLES for their drop dots are terrible, because they are HOLES instead of lines. They’re too small to really use the top of the hole vs. bottom of the hole, but too large to really let you place a refined point of aim on a small target at distance. Equally, as you float your hold for windage AND range, the round circle doesn’t give you sufficient reference to make a solid horizontal AND vertical hold in the open space. It’s much easier to judge open space hold with a LINE than a hole.
Of course, if you are at anything but the reference magnification, the represented ranges change with the second focal Nikons.
So say your first hole is 178yrds, second is 347, and your target is at 244yrds... where do you hold? Man, that target is kinda small, zoom in a little more - crap, now your first circle is 152yrds and your second is 293yrds, so now where is the hold for that 244yrd target? Oh wait, the target, a coyote, now walked to 218yrds... what’s the hold for that?
If you have all of the time in the world to run Spot On and you’re not shooting in any wind, then they’ll work ok. If you’re shooting in the real world, you would do a hell of a lot better with a regularly graduated MOA’ing or milling reticle, and especially do better with a first focal reticle.
As others have mentioned, these things are like a stopped watch at their best. Most of the time, they just aren’t right. Which is fine, I don’t care if the marks are 243 yards instead of 200, but the fact they are not regularly graduated forces the shooter to do WAY too much math or rely upon the reticle solution software far too much. With a MOA’ing or milling reticle, you can live your life in MOA or Mils for your trajectory, then only have to correct your reading based on the magnification setting. Aka, if I know I drop 2.7mils at 500, set at 16x, at 12x I know my hold has to be 2.1mils instead. The math is a lot easier, and the shooter gets to work with their trajectory, not parse out arbitrary numbers for range which change for every environmental condition and every zoom setting. Learn your trajectory, and live your trajectory. Don’t mess with “this circle means 282yrds and that circle means 374yrds, unless I’m on 8x and then this circle means...”
Absolute waste of time and money.