You've covered some very important issues that new Explorer users should keep in mind. I'm going to add a little more to it if you don't care

The XS is a tad bit more stable than the EX II and it's simply a software issue, ie. the sensitivity on the XS can be ran a tad bit hotter (according to the scale 0-32 ) than the EX II. Meaning, I can set my XS at say 29 manual before the cursor and sound starts getting erratic and unstable ... but the EX II can only be set to say 26 manual sens before it starts becoming unstable and on the the exact same piece of ground. Results will vary according to each users location.
Does that mean the EX II has more power and depth than the XS when cranked up to 32 ... absolutely not. I've never seen a depth advantage between either of the two. The EX II is simply faster on recovery (again software) and has the dual digital and other amenities we asked for and Minelab answered the call with on the EX II.
The Explorer is a powerful weapon in the right hands and is highly adjustable to virtually any kind of hunt scenario.
I myself hunt with a wide open screen and prefer to hear everything and tend to hunt with as much sens as possible and still have stability. I like to HEAR that threshold too, it's just as important to me as the depth when relic or beach hunting because sometimes all you will hear is that very faint break in the threshold to tell you something is very deep below the coil.
Hey it's a "dig all" thing anyway on the beach or in the woods so it works for me.
Maybe I'm a glutton for punishment but I like to hear the iron, if I'm walking thru nowheres-ville in the woods and not getting a peep and suddenly run across iron ... it gets my attention and then I slooow down to the creep and hunt mode Explorer style. Someone or allot of someone's had to put that iron there !
Granted the Explorer "can be" a complicated detector for some folks but in reality it's a hard act to follow once it's language is learned.
And with that said, keep in mind that hunting by SOUND is the KEY ingredient to success with the Explorer. Good quality headphones "made for metal detectors" is another vital necessity.
The Explorers and Sovereigns have real sound cards built into the boards and good headphones are a must have to take full advantage of the tonal quality. I don't think anyone really knows how many different sounds the Explorer is capable of producing but it's a BUNCH. So finding a well built, comfortable set of headphones with good overall tonal quality is important.
Simply put, do a noise cancel, adjust your sens for stabilty and get busy learning the tones ... dig lot's of holes and sooner or later that bright light will click on and the good finds will show up.
Sorry for the long rant .. to much coffee

H.H.
Mike