Well, I guess I better post my own response here.
To me, The Bends is a perfect album. Perfect in the sense that The Joshua Tree is a perfect album. When I listen to this album, I know that this is Radiohead at its absolute best and consistent. EVERY track on The Bends is a pop masterpiece. Even Bulletproof.
The highs on this album are also atronomically high. "The Bends" is one of the most soaring and epic rock songs I've ever heard. "Fake Plastic Trees" is just undescribably beautiful, and "Just" is a rock animal. Every track has that kind of power though.
OK Computer, in my opinion has a few moments that top even the best of the Bends though. "Let Down" is Radiohead's best song, im my opinion. And mankind should not be able to create something as beautiful as "No Surprises".
However, OK Computer has several, I feel, major flaws that most people seem to overlook. Either that or I am simply jaded by The Bend's perfection. Most notworthy is "Fitter Happier". This song is filler. I'm sorry, but it's a waste of disc space. Not only does it disrupt to mood of the album, but it's just not enjoyable to listen to. Secondly, "Electioneering" not only doesn't fit the album, but it's a second-rate Radiohead song. B-side material, this track reminds me of the uninspired dullness that they put on Hail to the Theif. Just a few more things hurt this album for me. The bridge in Paranoid Android is too long. Actually, the whole song is too long. And really, this album is overrated. It's nowhere near the best "album" of the 90's, but it's not even the best Radiohead album.
Overall, it's no personal surprise that I prefer The Bends to OK Computer. It's just a better album. I still must admit, however, that OK Computer does deliver some of the greatest musical moments in Radiohead's career (No Surprises, Let Down, SH Alien).