Follow up question and now more important given the fact that the gun is now mine.............
What scope suggestions you guys have? Will be used for Elk only. (Whitetails deserve a little less)

I have been a Leupold fan my whole life. Have seen a Nikon that I liked. I am a middle of the road guy, not the most expensive but not the cheapo route either.
I am curious mostly as to magnification. I have a 3x9 on my '06 but was wondering if going with a longer range gun, would I benefit from a scope that has higher power settings??? 3x12? 4x14?