Mantis lenses are fixed. Both zoom and focus.
You can replace the lenses with ones offering different "zoom" levels (2x, 4x, etc) but the lenses themselves are just screw in bricks without any wheels or knobs.
That simplifies things a bit, but if you replaced the lens and screwed it in the assembly with half a turn less then before this might cause slight errors. If the lenses are good quality the radial and tangential distortions should be small and it should hold calibration for a while.
I have experience with some crazy optics that changes calibration with temperature (camera heats up the lens or the sensor itself is soldered slightly tilted - good manufacturers specify this, and with different thermal expansion of the PCB and the sensor ceramic it moves a bit - doesn't take much to move things few micrometers and create > 1 pixel shifts).
Focusing is done by moving the entire mantis head up or down.
Fixed focus? Moving mantis head up and down? Lol, doesn't that defy the purpose of having comfortable posture? It would imply that I have to bend my neck/spine as I move mantis up and down to focus the PCB. Maybe the depth of field is good enough so this is not an issue.
Those IDS people make really nice camera's. Definitely not "ordinary". We've used them for vision algorithms at university. Low noise and stuff, much much better than an higher mp webcam. If they didn't get a custom made camera, you can probably replace it by a ethernet of firewire version. Which is the same brick box, with a different set of plugs on the back.
Sure, IDS makes various cameras. Used one of them (MT9V034 based) for my master thesis many years ago. Nowadays I mostly use PointGrey or Basler. These companies usually use Cypress EZ-USB -> Sensor in the low end series and in the higher end models it is usually something like USB 3.0/GigE/FireWire transceiver -> FPGA -> Sensor. There are various nice features implemented there, varying among the product ranges and manufacturers, but what is the most important is the sensor.
The point is that VisionEngineering went with possibly the cheapest one IDS has to offer. Cheap Raspberry Pi camera is only slightly worse (SNR, dynamic range, 1/4" and thus pixel size), but has higher resolution and framerate. This particular IDS camera model is really not much different from what you can find in Aliexpress cheap IP cams, $60 trinocular microscope mounted cameras and some webcams.
Recently, I've heard good stuff about new Sony Pregius sensors
http://www.sony.net/Products/SC-HP/sensor/technology/pregius.html. To be honest it is quite disappointing. I've read so many good opinions about Manis, how it all made with rocket science out of pixie dust, but now it all looks rather unprofessional (cheap sensor, USB 2.0, stupid cable and completely insane pricing).