My typical Vari-X or VX III/3 set up has the power adjustment ring over the root of the bolt handle.
Leupolds have longer ER than Elites.
I got a good deal on this one here on the Fire. I like Elite glass and appreciate the 2.5X low power setting plus 10X for load development at the range. I don't use Elites on big kickers, I go Leupold, Swaro or Zeiss with those.
DF