This is why it matters:
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A G7 model is not simply a scaled version of a G1 model. And neither model accurately describes our projectile's trajectories.
I get where guys are coming from when they say "it's good enough". I also recognize that when you're shooting larger targets at relatively closer ranges, then G1/G7 differences are negligible (as depicted above by the image from AB).
Although not actually ELR, I shoot out to 1,400 yards about once a week, and that distance is transonic for more than one of my rifles. A scaled G1 model simply results in significant errors relative to the projectiles coefficient of drag at those lower mach numbers. A G7 model fits a little better for a little further, and a customized model (specific to my rifle/ammo) can result in a more accurate coefficient of drag, which results in a more accurate time of flight, which leads to a better model for wind deflection.
Since we are training our brains to evaluate wind conditions, I see no reason to influence our ability (or inability) to call wind with the errors associated with obsolete models.