I have a Nikon M223 3-12x42 BDC and a Leupold Mark ÅR 3-9x40 Mil Dot, both are great rifle scopes. The glass is clear on both edge to edge.
Pros on the Nikon: The Nikon Spot On app is on my iPhone and it works great for me, and I like the side focus when shooting off the bench. I mounted it with a Blackhawk riser and Blackhawk tactical rings.
Pros on the Leupold: The Leupold is mil mil and I am learning to use the mil dot. I really prefer this over the BDC. The turrets are less likely to move in the field compared to the Nikon, and the Nikon's side focus is just one more knob to worry about when you are in the field. I mounted the Leupold with the Leupold IMS and it looks sharp.
I would not recommend the Nikon or the Leupold 2 piece mounts. This creates more error in your mounting system.
The BDC and the mil dot on these two rifle scopes only works on the highest setting.
I have said this before on this forum before and I don't think people agree with me. Eyes are different, look through each for an extended period of time and one of these scopes will fit your eyes better than the other. The one that fits me may be different than the one that fits you.
What will the scope be used for most... bench? or field? The Leupold is more stream lined and seems less bulky for the field.
However, I would recommend either scope and I have experience with both.
RFutch is a optics guru and he prefers the 3-10x40 Weaver Tactical in this price range. I have not used this yet so I can't comment. The Weaver has a different focal plane (1st or 2nd, I get them confused), but you can use the mil dot on various settings. He has a great review on this scope somewhere. Maybe he will chime in.
EDIT: I made a error in my statement about the Weaver Grand Slam being a different focal plane. It has to be on the highest setting as well to use the mil dot correctly.