I see where Cabela's has the CVA Wolf reduced to $119.99!
Never owned one myself, but I've heard they are a good gun for the money. If I didn't already have too many inlines I'd be ordering one at that price!
I DO have a Traditions Pursuit Pro which is a similar design and it is very reliable and accurate. The 209 ignition in the closed action (break-open type action) is not waterproof, but it's very water-resistant.
I hunted with it on our opening day of gun season in heavy rain and simply used a nylon cover over the action (an old folding camo chair bag made a good cheap cover ) and a baloon over the muzzle. When I finally saw a deer I simply slipped the cover off the action & scope, cocked the rifle, and BOOM! No problems at all!