Finding differences between things is what reviewers do to earn their living, if you know what I mean

If you find more than three 1N4007 in series, you can always test them on by one. And the most 1N4007 I have seen in series so far was two.
LEDs might be a legitimate reason to desire about 4V testing voltage. I wouldn't want more than 5V because that can damage BE junctions of transistors, if applied in reverse. Some RF components can supposedly be damaged even by 4V already. It all depends on what you need.
If you you are looking for a pretext to buy a more expensive DMM, the Test Equipment Anonymous thread may be a better place to ask. It truly all depends on what it is that you need, nothing more. Stop caring what others do.