I'm in the market for one too, so far opinions I have gotten on ARF.com say: ATN Ultra sight=No Go, Hakko BED-24= a GO, Kobra = a GO.
I'm still looking for opinions. It seems like the open-lens type seem to be faster to aquire close range targets and let you be more aware of your close range environment while looking through them -less "tunnel-vision".
here's the Hakko that's top on my list right now:
[img]http://www.hakko-japan.co.jp/optical/english/img_eng/bed24s.gif[/img]
BED-24PANORAMA ELECTRO DOT SIGHT
Tubless design with 33mm reflex lens aperture provides a wide field of view, suitable for rapid-firing or shooting of moving targets besides normal shooting.
Multi-Reticle (4 patterns) or Variable Dot (4 different sizes) are installed.
Parallax corrected and unlimited eye-relief.
Coin slot type windage and elevation click adjustments, with locking screws in two separate holes (see diagram).
Built-in mount for Weaver bases, no need to rezero when remounting the dismounted sight.
Light weight, waterproof and shockproof.
Low power consumption for long battery life.
Any opinions are welcome. Please bear in mind I am not looking for the tube-type red dot.