Some of the higher quality glass with a 42mm objective could have a better view than the cheaper and larger 10x50's. You pay more but get a smaller package. The FOV may not be impacted as much as you think. The FOV has more to do with the eye piece side of the set as opposed to the objective end.
It's counterintuitive, but a 10x50 will generally have a smaller field of view than the same model in a 10x42 configuration. This confuses a lot of people.
Benefits will be increased light at dawn/dusk due to larger exit pupil, veryslightly better resolution at the same magnification, and better eye relief.
Cons are less FOV than in a comparable 10x42, bigger size, more weight.
I think the Maven B6 10x50 does a good job of playing up the benefits, while mitigating the drawbacks. It has a really good FOV for a 10x50 and handles like a 10x42. Think it weighs right at 30 oz.
It's counterintuitive, but a 10x50 will generally have a smaller field of view than the same model in a 10x42 configuration. This confuses a lot of people.