QUOTE(alejandro_ @ Wed 4 Jul 2007 1251)

KT did not have a range finder, only german vehicle with one was Nashron.
Yes and no. Although the Tiger II did not have true rangefinder, it's monocular telescopic site did have a limited range finding capability - not unlike an SLR Camera.
However, the Tiger II was due some pretty serious upgrades had German Industry been in a position to produce them. Maybach prepared a 1000 bhp supercharged version of the HL230 engine which was intended for both the Panther and the KT, but did not see production, and modified Turret design incorporating a stereoscopic rangefinder similar to that of the Panther F Schmallturm was designed. A Gyrostabiliser based on captured American exampes was tested in a Panther in 1945 and undoubtedly been retrofitted to the Tiger II too. I also understand that Krupp proposed (although I do not know if they went so far as to design) and 105mm tank gun based on the KwK43 L71.
If we assume only mechanical upgrades to the Tiger II, the fight beomes much more even handed. The Tiger IIs mobility was excellent - it was it's reliability that was the problem and with a more powerful engine and beefed up transmission this problem would have been at least partially rectified. Both vehicles carry weapons capable of defeating the other at any realistic combat ranges, so it really comes down to who spots the other and starts hitting first. The T54 definately has the advatage in terms of silhouette, but I understand that T54 crews always had a problem with combat awareness because their vision was pretty limited.
Also, the better Russian optics were copied from the (defeated) Germans post war. In scenario where the Germans are still fighting the Russian optical equipment will be of only average quality. The German Optics were genuinely second to none and will give the crew a distinct edge in a long ranged gunnery duel.
So far we're coming out about equal in my reckoning. The Germans have the edge in termsof actually hitting th target, but the Russians are harder to spot at range. In terms of Gun vs Armour, the Germans again probably have the edge, but in practical terms both vehicles are equally capable of destroying the other - so, as per usual it comes down to crew quality...
Incidentally, the T54's much lower profile was not without price. T54/55s were cramped and uncomfortable places to fight, and carried less than half the ammunition load of a Tiger II.
To be honest, however, this isn't a very meaningful comparison. Far better to compare the T54 to the Panther F with schmallturm and 88mm gun, and to compare the Tiger II to the US T29 Heavy Tank...