Too many moving pieces on that Nikon for me to be comfortable with it. Aside from X/Y adjustment, evidently the 400/600 yard BDC stadia are also adjustable. For $150, that's too many variables and too little QC in the factory for me.
The reflex sight is going to limit your ability to identify your target in comparison to a low-fixed magnification optic.
If $150-$200 is the price range you want to stay inside, I'd suggest looking for a 3x or 4x fixed power scope with 30 to 35mm objective lens and a simple reticle. The only option I might introduce would be an illuminated reticle. Minimal moving parts so it should stay true once dialed in.
I've got a Leupold FX-II 4x33mm that I like a lot. I've had it on my AR in the past, though now I have an ACOG on there instead. The FX-II doesn't have an illuminated reticle, but it's sturdy and reliable. That scope has been on Appleseed loaner .22's, my AR, my M14 and my Winchester 94 levergun. Taken all the abuse from those platforms and is still true. Opticsplanet thinks an FX-II is a $300 scope but I bet you can shop around and find it for less.