If..Then..Else worth.

[LP]

Style 2 is normally faster, but style 1 is faster if B or C are slow functions or other calculations.

You are wrong. In fact, they both will generate the same code if short-circuit Boolean expression evaluation is used (equals to "{$B-}").

This may result in access violation:
if (obj<>nil) and (obj.name='test') then

Again, you are wrong if "{$B-}" is used (by default). In fact, if you are accessing an object (e.g. "if (obj.position.x = 25) then") and suspect that it can be nil, you can add "obj <> nil" comparison before the initial condition (e.g. "if (obj <> nil)and(obj.position.x = 25) then") to be sure.

Of course, if you use complete Boolean expression evaluation (equals to "{$B+}"), your points are valid. I've never seen any Pascal code using complete Boolean evaluation though.