My twopenny worth!
I too did a lot of testing with my V700, scanning 35mm and 120 at everything from 300 to the maximum allowed.
For viewing on screen with something like irfanview, it doesn't make a blind bit of difference. For most printing purposes, i.e. printing at postcard size, it doesn't make a blind bit of difference either.
It only becomes important when you start to print at A4 or A3 or when you pixel-peep. What I then discovered was surprising: scanning on the V700 at anything beyond 2400 became "fuzzier", less sharp. You'd think that you would get a better image at 3600, but in practice it didn't work out that way (at least for me). TBH, the difference was negligible, and in printing, invisible, but for pixel-peeping it was just about discernible.
To go back to the OP's question: I have both a V700 and an Opticfilm 120. The Plustek is obviously better - as many have said, it will do 35mm better than a flatbed. Having said which, it costs 4 times as much as a V700. Are the scans 4 times as good? I don't think so: they're better, but not that much better. Plus, the V700 has the advantage of handling batch scanning better if you have a lot to get through - just put 4 strips of 6 on the flatbed and let it cook.
I did go through the process of scanning in my entire collection - 000's of images. It has taken years, and I wouldn't have had the patience to do it with a Plustek 120 or a dedicated film scanner that did strips of 6 or 4 at a time, feeding them through one by one. I am now going through the collection again - scanning using the Plustek 120 for those images where I really need the extra quality, but it's marginal. Far more important IMHO is the photographer's basic skill of shooting a shot that is in focus and sharp, which I'm sad to say is something that obviously eluded me all those years ago when I was starting out using cameras!!!
rjstep3