the NV forum is going to give you a lot more information than you'll find in GD. there is a range of opinions about gen 1, which is the price range you're talking about. some people think it's a waste of money, but it's pretty tough to look at moving up to a $3+K gen 3. personally, i own gen 2, which i picked up for $700 (patriot pocketscope). to get an understanding of what you can do with each:
gen 1: allows limited navigation outdoors, as long as there is significant natural light (half moon or more). some argue that night-adapted naked eye is actually better in these situations due to greater FOV and better depth perception. without an IR illuminator, combat usefulness is almost zero.
gen 2: allows good navigation under half moon or more, decent starlight navigation. will allow you to navigate through a very dark house due to the usual presence of small ambient light sources (LED clocks, computer power light, etc.). useful in combat if there is some ambient light, but older tubes without cut-out switches can completely white out due to muzzle flash. in an emergency, i would use mine for observation only, and go to a weaponlight for ID/engagement.
gen 3 and 3+: turns night into day.
this is a subjective opinion...for the NV pros, feel free to correct or add to it.