The document evaluates variable-code-rate transceivers in wavelength-routed optical networks, highlighting their impact on cost, capacity, and survivability. Two modulation schemes, aggressive (64-QAM) and conservative (16-QAM), are analyzed, revealing that these transceivers allow for soft protection and potential savings in transceiver usage. Additionally, the study discusses the quantized capacity-versus-reach curve resulting from practical transceivers and their system impact across multiple network scenarios.