I dunno chitt about Aimpoint but have three rifles with Millett SP-1 red dots. They have a 3 MOA dot, a range of 11 brightness settings and cost about $75.
I think they work OK and seem to stand up to recoil well. Haven't had a failure since the first was purchased in '98. Had to replace a battery on one about a year back.
I'd call them close to MOA capable but can't give a definitive measure.