Selective Fading
SNR -8db

>> MFSK16                90%
>> Olivia 500/15       100%
>> PSK31                   65%
>> RTTY 45                 25%

Although MFSK16 produced 10% errors when Olivia produced no errors, Olivia 
16-500 (20 wpm) takes twice as long to send the same information as MFSK16 
(42 wpm), so it is exposed to QRM and QSB over a much longer time. If you 
are only interested in exchanging name, qth, and signal report, Olivia will 
usually do that better than MFSK16, but for ragchewing, over a longer time 
period, using IMHO MFSK16 will probably be as good as Olivia without having 
to wait as long for the text to appear.

73, Skip KH6TY

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