What's the word on Nikon? Back in my photography days they had a good reputation with their Nikkor line of lenses, but I know next to nothing about their scopes. I've looked at what appears to be their low end in the P-223 3-9x40. It appears to be very similar to my discontinued Redfield Battlezone 3-9x42, which I like a lot. What scares me away from this is the price $120.00 +- a few bills.
Intended use is for my Savage .308 bolt action or on my 5.56 carbine (So my Redfield can stop pulling double duty) paper punching or steel clanging at typically under 300 yards.