Mine is a "budget" rifle. I consider it a "medium range" rig... beyond 400 yards but closer than 600 or so. I've shot it out to 800 yards with perfect satisfaction on targets, and hitting 8" steel at 500 yards almost seems too easy!
So far I've gotten one elk (cow) and one buck with this rifle, but not at longrange. Shooting steel at ~500 yards using the LRD or M1 is almost boring. As much as I practice at ~longrange, I got my 2012 cow & buck at 100 yards, maybe less. Go figure.