I thought the Binoculars were great since it was early and I didn't have any modded weapons. Once I got a scope on my Laser Rifle, I didn't use the Binoculars anymore because the scope was higher power. I think they're pretty cool early though and maybe some Binoculars are stronger powered.
I got the binoculars with the Caravan Pack and used them a lot in my early explorations. Once I got some scoped weapons, though, I put them away.
(ETA - for that matter, I'm not using any of the Caravan Pack stuff any more. I've acquired much better gear all around. )
There are some PC mods that increase the power of the binoculars.