Diffuse optical tomographic imaging is known to be an ill-posed problem, and a penalty/regularization term is used in image reconstruction (inverse problem) to overcome this limitation. Two schemes that are prevalent are spatially varying (exponential) and constant (standard) regularizations/penalties. A scheme that is also spatially varying but uses the model information is introduced based on the model-resolution matrix. This scheme, along with exponential and standard regularization schemes, is evaluated objectively based on model-resolution and data-resolution matrices. This objective analysis showed that resolution characteristics are better for spatially varying penalties compared to standard regularization; and among spatially varying regularization schemes, the model-resolution based regularization fares well in providing improved data-resolution and model-resolution characteristics. The verification of the same is achieved by performing numerical experiments in reconstructing 1% noisy data involving simple two- and three-dimensional imaging domains.