Ian M, i can see you have absolutely no experience with the Schmidt & Bender PMII. I have been using a 3-12x50PMII now for about 5 years, i have had it on at least 6 different rifles, it is an instrument of optical excellence. I have given it some hard hard useage and it has not let me down once. The same scope is currently issued to the British Army snipers on their AI sniper rifles. Optics are excellent as are ergonomics, you can range with the reticle on an magnification, when you turn up the x's the rear of the eye piece stays put, ( it doesn't on the NXS and i hate that and its a pain in the butt if you have butler creek covers on.
To correct you, the S&B does not have cm adjustments, it had 1/10 miliradian adjustments, which just happens to correspond to 1cm @100m.now i can never understand why the US military measure distance in KM, range in meters but adjust thier scopes in fractions of inches or MOA. But just for you guys that are stuck on the inch or MOA thing, The PMII is also offered with i thinks its 1/4 MOA clicks.
The S&B PMII is the very best tactical scope on the market at the moment, it is a sniper scope and what is sniping? it is long range hunting. It is worth paying the few $ difference between the NXS and the PMII. its more than a few $ i hear you say !! not if you know a freindly gun smith wholives in germany who can do you a good deal on one.. ie. Me ! and no i am not trying to drum up any business, i can't stand to see how you guys in the states get ripped of on the price of EU kit, we get the same here on US kit. I pay the same for a leupold hunting scope here as i do for a S&B hunting scope, I use S&B and swear by em, ive used Leupold for several years in the past but i broke every one of them, same with weaver same with tasco same with burris.
If you want to buy a good scope on a budget, take a look at the Zeiss Conquest, they have some models extreemly well suited to long range applications. As these scopes are made inthe USA i cannot buy theme here in the EU trade as chap as you guys can get em from folks like SWAFA.
It does not pay to scimp in the optics market. and S&B are excellent.
Pete