I see this thread is a bit old, but in case the OP hasn't bought yet I'll add that the newer (2005+) Buckmasters scopes are a very nice scope for the money. I have one on a 30-06 and am very pleased.
But if you search around, you can get a Bushnell Elite 4200 on sale now for $199 plus another $20 off with a coupon at one of the larger hunting retailers. You can't find anything close to the quality of the 4200 at that price point.