Originally Posted by
dem
It does, George. Where it says "S2 = 1.6 times S1" for FL/AOV1. Here 1.6 = 40.0 / 25.0 is the ratio of the two image sizes produced by lens 1 + same for lens 2. One of the images is going to be blurred but this only becomes an issue when you try combining this diagram with the definition of magnification M = FL / (lens-object distance - FL) which is defined only for images in focus.
Note that in this diagram both subjects are very close to the camera. If we say that the lenses are 5 cm and 10 cm away from the sensor (note these are not their focal lengths, their focal lengths will have to be 40 mm and 60 mm for the first subject to be in focus), then the subjects are about 25 cm and 30 cm away from the sensor.
Assuming that we can focus both lenses at these distances and that DoF is wide enough to accommodate both subjects 5 cm apart, we still get only 6.7% difference in magnification ratios (1.60 vs 1.50). It is more than 0.2% we got for images in the opening post, but it is still small.
For all practical purposes this effect can be ignored because it is going to be masked and overpowered by other effects that influence our perception of depth - perspective distortion controlled by the camera-subject distance, increased blur due to a tighter framing, inclusion of more surrounding objects due to a wider AoV.