Yes... the monitor comes with it ...there is no way to view through the optical rod.. without the monitor it would be useless.
The mirror and lens seem pretty nicely protected in the rod.
I guess the Monitor and electronics would be the weak link....
But so far everything feels pretty quality.
I was pretty skeptical before buying it but I had seen a quite a few other guys that had them on another forum and they were tickled pink..... so I thought it was worth the try.
So far I'm very pleased!