Medic-1, as I haven't a clue as to the style, or interest, of shooting that you practice, I'll just throw out what little I know.
The only "red-dot" optical sights I've used are the Aimpoint and the OKO. I like them both, but prefer the OKO because of the lighter weight, simpler package and lower profile. This isn't to say that I do not like the Aimpoint, I just can't seem to get along with it's control knob. Anyway, the OKO is an incredible little sight, very simple. Currently, I'm just awaiting the QD guard to become available, then I'll be set.
As for scopes (actually, what I'm putting on a PCR-16), I'm going with an IOR Valdada M2 with the Dragunov reticle. This scope has some incredible features and the quality, from I've seen, especially at a mere $360, seems to be available only on scopes costing twice as much or more. Anyway, with 4x magnification, the M2 is more than capable of handling anything .223/5.56 can.
Good luck.