The marquee feature is obviously the 1M context window, compared to the ~200k other models support with maybe an extra cost for generations beyond >200k tokens. Per the pricing page, there is no additional cost for tokens beyond 200k: https://openai.com/api/pricing/ Also per pricing, GPT-5.4 ($2.50/M input, $15/M output) is much cheaper than Opus 4.6 ($5/M input, $25/M output) and Opus has a penalty for its beta >200…
Yeah, long context vs compaction is always an interesting tradeoff. More information isn't always better for LLMs, as each token adds distraction, cost, and latency. There's no single optimum for all use cases. For Codex, we're making 1M context experimentally available, but we're not making it the default experience for everyone, as from our testing we think that shorter context plus compaction works best for most p…
I too tried Codex and found it similarly hard to control over long contexts. It ended up coding an app that spit out millions of tiny files which were technically smaller than the original files it was supposed to optimize, except due to there being millions of them, actual hard drive usage was 18x larger. It seemed to work well until a certain point, and I suspect that point was context window overflow / compaction. Happy to provide you with the full session if it helps.
I’ll give Codex another shot with 1M. It just seemed like cperciva’s case and my own might be similar in that once the context window overflows (or refuses to fill) Codex seems to lose something essential, whereas Claude keeps it. What that thing is, I have no idea, but I’m hoping longer context will preserve it.