It comes down to what one considers "good faith". If one has a defective item(like a toaster or a scope) and the manufacturer does not have or does not produce the same product, what else are they going to offer for replacement? You either will get something they do have/product of equivalent value or you will get a credit to use for another one of their products thru them. How can they replace an item if the no longer have it or produce it? While the scope may be worthless to him, it does have value. More value than a broken scope or no scope at all. It also comes down to the terms of the warranty of which we have not been told anything. I also think that S&W's offer to refund his cash price if he can provide his receipt, is a good faith offer. This is what most places require in order to make a refund. This means it was bought new, not used and that it was bought and not stolen and trying to be returned for cash. Standard procedure. But the OP states....