I've read great things about the Bushnell Elites. On the other
hand, the only criticism that I've read concerning the Elites
has to do with eye relief (
www.shortmags.org). For
a rifle with "magnum" recoil, that might be a concern.
I recently purchased a Sightron SII 3-9x40 for just under
$200. I've read a number of favorable reviews on this
product, and it also carries a lifetime guarantee. Definitely
worth a look, IMHO.
Also, FWIW, I've read that the Leupold 3-9x40 scopes
are, for whatever reason, NOT exactly 3 to 9 power
magnification (reportedly 3.3x to 8.6x)! Does that really
make a difference? You decide.