The Lucid HD7 is a rubber armored and very rugged red dot with many advanced features. I have one (pictured below) that has been running over two years on the same single AAA battery. The auto illumination circuit automatically adjusts dot intensity to your ambient light. It is very accurate and instantly changes to very dim in near darkness or full, intense brightness in noon day sunlight, with appropriate adjustment for in between conditions. There is a manual over ride for any odd condition you might encounter. It has auto shutoff after two hours if you forget to power down. The combination produces very long battery life.
It has four different reticles, and all reliably shoot to the same point of impact. I prefer the EOTech type circle dot, as the best for rapid target acquisition. For punching paper, what I call the "T" dot is good. It has two horizontal bars on each side of a series of vertical dots. The horizontal lines help prevent canting the optic to the side, which can produce misses if you are using it at extended ranges. The Chevron reticle is very neat. It is intended to provide multiple aiming points on human size targets and is calibrated, as best I can tell for M193 55 grain and M855 62 grain FMJ bullets to correspond to 50 and 100 yard aiming points and extended shooting points at longer range.
It comes with its own built in mount, which is very secure, but not true return to zero. The height is for lower 1/3 co-witness of your back up iron sights. It is solidly constructed. The turrets and battery cap are tethered to prevent loss in the field if you need to rezero the optic or change the battery. My Gen III version has only the battery cap tethered, but the current ones tether the turret caps, too. Lucid's website lists the Butler Creek lens caps to use. You do have to cut a notch in the bottom of the front cap to clear the battery tube.
There are available options. I have two of them. One is the Killflash, a honeycomb type screw in insert for the front to reduce reflections off of the objective glass. It is affordable and does its job. It is a bit distracting, but does function as intended. The other is the very useful but pricey ADM sourced true QD replacement mounting parts. The two hardened square rail cross-bolts are precision fitted to the rail slots and are attached by ADM's proprietary lever and clamp system, adjustable for tension. This is true return to zero accuracy and great if you want to swap the optic with a QD mounted scope.
There is a 2x magnifier eyepiece to screw in, but I have not tried it. I am told that it greatly reduces field of view and is somewhat dim.
A couple possible negatives: it is a bit bulky and heavy. But, this is one of the reasons it is so rugged. That is a trade off. The other is that its sheer size somewhat blocks the ability to see around it with both eyes open. A possible third negative is that the emitter diode, located at the 9 o'clock position is visible. Most people will not notice that, some will.
Now, in all honesty, I have since bought two Lucid M7 microdots and now prefer them, although the HD7 has served me well. The M7 mcirodots are much smaller and lighter at only 4.7 ounces and Aimpoint T-1 size. The M7 has only one reticle choice, but it is the circle dot that I prefer. It has all of the other HD7 features. It is the same price and seems just as rugged, although it does not have the rubberized armor coating. You will need to separately purchase a one inch riser to run it on an AR for lower 1/3 co-witness, but risers are cheap.
To me the HD7 and M7 represent the best combination of price and value for budget red dots. While I would not claim them to be ready for military combat, they are not too far away from that.