Hi Eddie,
I recently purchased a Cibola and it's a great machine. It discriminates very well around iron and goes deep as you found out, sweeps fast, and is lightweight.
I have four metal detectors to date, two Minelabs (an Advantage and a Quattro), a Fisher ID Excel, and the Cibola. My favorites are the Cibola and ID Excel. The Quattro has slow recovery times and is a slow, and I mean SLOW, sweeping machine and heavy too. If it sees more than one target during a sweep it often gets stuck on the first target "ID" and either doesn't show the second ID unless you sweep a few more times, I find this the most annoying aspect of the Quattro.
One thing I did notice was if you Super Tune your Cibola or set your threshold too high a loss in discrimination will occur. I avoid using my Cibola in the Super Tune mode for this reason.
I ran a test with three of my detectors where I placed a new galvenized nail on top of a dime and checked to see if my detectors could see the dime. The Cibola could easily see the coin in normal mode with the discriminations set at around the 11 o'clock position once in Super Tune mode the dime was lost. With the Excel ground balanced and the discrimination set at 0 (to eliminate iron) I saw the dime occasionally if I swept multiple times in different directions but most often I could only see negative numbers indicating iron (Note: although I had discrimination set at 0, but I can still visually see target ID numbers.)
With the Advantage manually ground balanced or with a fixed ground balance (it didn't matter which) and the sensitivity set all the way up and the discrimination set to the 4 o'clock position (this discrimination position was selected because that's what it took to make the nail null out) I could not see the dime. These were all air-tests and I haven't tried the same tests in dirt.
The Advantage is a fast machine, goes deep, and is much more fun to use than the Quattro, but the Cibola is deeper and more fun yet. As fast as the Advantage is, in respect to sweeping speed and recovery times, it gets fooled more often by rusty iron more so than the ID Excel or Cibola. Both the Excel and Cibola are fantastic machines in all respects but especially in there ability to iron discrimination and their low weight.
The Cibola goes a few inches deeper than the ID Excel but the ID Excel gives you more of a hint of what you're finding with its target ID system. Also the ID Excel has a depth indicator which the Cibola does not.
I like faster sweeping machines which the Cibola, Excel, and Advantage all are. As far as ground balancing goes, the Cibola has a pre-set ground balance. I find it to be the quietest and easiest machine to use and it is my deepest machine so a pre-set balance isn't hurting me one bit. My soil is moderately mineralized. The Cibola is also the most immune to RF interference, in second place with respect to ground balance and RF noise is the Excel. The Quattro and Advantage make lots of noise no matter how will you try balancing them.
Most the time I have to turn the sensitivity down to 4 on the Excel to prevent chattering. I run the Cibola at max sensitivity (past 10) without a problem in the same soil. The Advantage and Quattro are the most sensitive to RF noise and both machines chatter even when ground balanced With the Minelabs it's something you just have to get use to.
As far as weight goes the Cibola is the champion but the Excel is almost its equal for lightweight operation. The Advantage and Quattro are heavyweights in comparison and will wear you out faster.
The Excel is clearly the pinpointing champion, it always right on the mark. The Cibola comes in next but as you approach the target the frequency increases until the sound disappears. I like the way the Excel pinpoints much more. The Quattro and Advantage come in third place (both about a tie.)
I am considering getting a CZ-5, but the Cibola is such a great machine I'm not sure if I would gain anything with a CZ-5? I'm hoping I will get responses to a post I made in this regard.
Hope I've helped with your question,
Gus