  We present results from quenched spectroscopy calculations with the
parametrized fixed-point and the chirally improved Dirac operators. Both these
operators are approximate solutions of the Ginsparg-Wilson equation and have
good chiral properties. This allows us to work at small quark masses and we
explore pseudoscalar-mass to vector-mass ratios down to 0.28. We discuss meson
and baryon masses, their scaling properties, finite volume effects and compare
our results with recent large scale simulations. We find that the size of
quenching artifacts of the masses is strongly correlated with their
experimentally observed widths and that the gauge and hadronic scales are
consistent.
