It's not about optimisim, but about eventual dominance of functions.
If you have n^7 and 5(n^6 + 7n^2), then for every n >= 6, the first is larger. In general, for every pair of polynomials f and g of max degrees s and t respectively, and f will eventually dominate g if and only if s > t. Constant multiples are taken into account in big-O, but in a sense they can only delay the inevitable - for any nonzero constant multiples you pick to multiply f and g by, there always will exist a point n such that after that point, f dominates g forever.
It might be that that n, however, is too large for your purposes - perhaps that's what you mean by optimism. Sedgewick has written about other types of analysis that take this into account, see Algorithms for the Masses: http://www.cs.princeton.edu/~rs/talks/AlgsMasses.pdf .
If you have n^7 and 5(n^6 + 7n^2), then for every n >= 6, the first is larger. In general, for every pair of polynomials f and g of max degrees s and t respectively, and f will eventually dominate g if and only if s > t. Constant multiples are taken into account in big-O, but in a sense they can only delay the inevitable - for any nonzero constant multiples you pick to multiply f and g by, there always will exist a point n such that after that point, f dominates g forever.
It might be that that n, however, is too large for your purposes - perhaps that's what you mean by optimism. Sedgewick has written about other types of analysis that take this into account, see Algorithms for the Masses: http://www.cs.princeton.edu/~rs/talks/AlgsMasses.pdf .