I own a Bushnell 3200 elite, a couple Nikon Buckmasters, a couple Leupold VXII, and some others.
I think the Leupolds are more money for a reason. If you have the money, go that route. They're definately nicer scopes. Next I like the Nikon. To me it has a wider field of view, is brighter and clearer than the bushnell.
That said, the bushnell is a couple ounces lighter, and that can be important as well. I certainly don't mind carrying my Bushnell when I go out hunting.
Probably the biggest thing I don't like about the Nikon is the added weight. 13 ounces vs 16 ounces. Some people only shoot short action guns in order to save that much weight!
I have a Nikon Buckmaster on my Rem 700 SPS DM in 30-06. I had it out to the range last night. Shot a few 1" or better groups. Nothing wrong with that!
If I were looking for another scope in this price bracket I certainly wouldn't overlook the new Redfield Revolution. Made and supported by Leupold. Might be just the ticket!