Take a closer look at the specifications for the two lenses.
The W is a general purpose lens (plasmat design) with a large image circle (300 covers 10x12) and requiring a lot of bellows (approx 300mm at infinity).
The T is a telephoto lens (telephoto design) with a smaller image circle (the 360 covers 5x7), but requires much less bellows.
For 4x5, the 360 T would cover and could likely accommodate the bellows draw of a small 4x5 camera.
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