Here is a Gen I Razor for $1699 w/ free Spuhr mount at
MHSA.
If not that then I would look hard at the new Bushnell LRTSi 4.5-18x
here.
Also, the Bushnell DMR IIi is an excellent value
here.
Honestly if the DMR IIi had been out when I got my Gen II Razor I probably would have gotten the DMR IIi as I loved my original DMR and only grabbed the Razor since I got an awesome deal on it.
Bushnell is making some great optics right now and they have a XRS/ERS II coming out soon I believe too.
I currently have 2 Gen II Razors and 2 Bushnell Elite Tactical scopes and in many ways I actually like the Bushnell's more. The fact that they are cheaper and lighter is just icing on the cake.
Given the Gen I Razor deal though I would lean towards it as my friend has one on his 338LM and it is a very nice scope plus it weighs a LOT less than my 3-18 Gen II does.