The Sandpiper is very good (especially for the $200). You need to get to the $600 Pentax scopes to better it.

Same view point in the most recent Cornell Ornithology 2008 Spotting Scope review. It was the only low end scope they liked even beating some of the more expensive low end scopes!

http://www.livingbird.org/NetCommunity/Page.aspx?pid=272
http://www.livingbird.org/netcommunity/bbimages/lb/pdf/ScopeChart2008.pdf