I have had this scope for 2-3 years, got it on clearance for $150. It is my second favorite scope. The Weaver Classic shotgun scope fits my needs better, but the Nikon has better lenses.
Overall, this Nikon has the best lenses in my limited scope experience (VX-2, Legend, Banner, Trophy, etc). The detail that this scope allows me to see is fantastic. How much would it help in the real world for hunting? Don't know. But, it is fun to look around with it.
It is reliable and the adjustments are firm. I REALLY like the finger-adjustable turrets versus the old-timey coin slot turrets. I know that shooters are a conservative bunch, but the coin slot turrets are just a pain the butt.
Only "complaint" that I would have is that the Monarch is too big. The little Weaver shotgun scope is more my speed for walking around or for the kids to use.