Brithunter,
The Falcon Menace line has been available over here in the US for a little while. At first, the Tacticool guys started raving about them and they got a few good reviews. It seems like lately though, when I do see/hear anything about the Falcons they are getting mixed reviews. One good thing about their line is that it gave a FFP scope with Mil/Mil adjustments.
I personally haven't seen any of the 7.5x scopes over here, but I have seen a couple of 10x, and several 4-14X FFP (in person). Prices over here jumped back up into the near $400 range for the variable with side focus, and personally I think the SS scopes offer a bit better reliability.
You are correct, it is made in china, but supposedly the final QC went over in your backyard. At one time the supply over here was halted because the QC guys found a bad batch, but that was a couple of years ago.
For some reason, as I'm looking up a website (Snipercentral.com) that had reviews, and even sold a few of the Falcon scopes on there, it looks like the Falcon reviews have been deleted, while the others remain. Don't know if that is a good or bad thing, but interesting.
Either way, $103 isn't a lot. At the very least you've got yourself another hammer if it doesn't work well as a scope for you.
Good luck.