Do a quick search in the hunting gear forum. There have been some excellent threads in there on binos in the past 6 months or so.

My personal preference for an all around bino would be an 8x42. 8x generally provides sufficient magnification without making it too difficult to hold steady....plus you generally get a wider and brighter image (compared to a 10X). The 40-42 mm also is a good choice because it, again, gives you a brighter image than smaller sizes while not being too big and cumbersome. Also, the larger the objective the better the resolution assuming similar quality levels are being considered.

What price range are we talking about?

Under $250 I would consider the Bushnell Excursion, Carson XM, etc...

Between $300 and $400 I would look at the Leupold Wind River Olympics, Nikon Monarchs, Bushnell Legends, etc....

Between $450 and $800 I would look at the Zeiss Conquests (smaller objective though excellent image quality), Pentax SPs, and Kahles models.

Between $800 and $1100 I would be looking at the Leupold Golden Ring, Bushnell Elites, Nikon Premier LXLs...

..then you start talking used car level cost....