The independent and cumulative measured yields of residual products in thin lead and bismuth targets irradiated with 0.04-2.6 GeV protons are compared with results by the LAHET, CEM03, LAQGSM03, INCL+ABLA, CASCADE and YIELDX codes, in order to evaluate the predictive power of the codes in this energy region. We found that the predictive power of the tested codes is different but is satisfactory for most of the nuclides in the spallation region, though none of the codes agree well with the data in the whole-mass region of product nuclides and all should be improved further. On the whole, the predictive power of all codes for the data in the fission and fragmentation product regions and, especially, at the borders between spallation and fission and between fission and fragmentation regions is much worse than in the spallation region; therefore, development of better evaporation/fission/fragmentation models is of first priority.