I recently shot butterflies at two gardens and compared two lenses: the 100-400mm and 70-200mm II, each with the Sony 1.4X TC. With perched butterflies, I have not had any issue getting physically close, so going in I was thinking that the 70-200mm might have an advantage in two ways: a higher maximum magnification, and the ability to stop down further before reaching the same aperture size as the 100-400mm. Based on about a thousand shots with each, the 100-400mm had superior IQ at f/6.3 even compared to the 70-200mm at f/8, and I also felt the OIS was more effective even with the longer focal length. I was surprised because I have always found the 70-200mm II very sharp. It could be that the 100-400mm is better a a close-up performer despite lower maximum magnification. The main advantage of the 70-200mm was size, sometimes the butterflies were close and I needed to zoom out or back up to get the shot, as well as giving others in the garden the space to walk by. Overall, I currently lean towards the 100-400mm for close up shooting with the TC.
In the near future I would like to compare maximum magnification on the 100-400mm at 100/200/300/400. I saw someone (Mark Galer?) show that the 100mm magnification was slightly higher than 400mm, but I also found that if I was too close at 400mm then a slight zoom out would solve the problem, indicating it's not a fixed MFD. With the 70-200mm II, my sense is that you get higher maximum magnification at 70mm and 200mm (better at 70mm), but in between it drops.