Ken, the spectrum XLT ought to be able to get a dime to about 7 or 8". And a quarter to 8 or 9". I'm talking wide open locations though (beach, or clean field, etc...). Obviously if you're in a junky or nail-riddled environment, you can minus off some of the depth. If you're only getting 4 or 5" in disc, you're doing something wrong. Even in factory presets you should go deeper than that.
Are you remembering that this is a motion machine? (and a FAST motion machine at that). So for example: prop it up on a wooden table with no metal nearby. Get your factory presets all going, and a slight threshold hum. Now wave various objects in front of the coil (dime, penny, quarter, nickel, tab, foil, soda can, etc...). Notice that the fast you swing the coins, the deeper it will go. Hence in the the field when detecting, if you are on a suspected deeper target, momentarily speed the swing up over the target (criss-crossing as well) and .... you will increase the depth on the target, and get clearer ID. If there's a montage lot of targets, you might have to take short little quick "wiggles", albeit still fast over the target.
But when you go to all-metal pinpoint mode, "motion" is not necessary. (be sure to turn the annoying "ratchet" feature off of the all-metal pinpoint, by the way).