The leupold VX-R is a very cool scope. A little pricey still, but its a high quality scope. The neat thing about this one is the illumated dot in the reticle is bright enough to be seen in daylight if you want.
Most illuminated scopes don't illumate enough to see the illumination in bright daylight.
I bought the 2-7X and at 2X it is like a red dot (with much better glass). Plus I can crank it up to 7X and make a 300 yard shot.
Another cool feature is if the gun is put down and not moving for a certain period of time it turns itself off, then when you pick it up it automatically turns the illumination back on.