Since most compare this to the Ruger, I will give you the pros and cons of each:
Ruger
Pros: less cost. Feels more like a "regular" rifle with wood stock and contours. Better back-up sights. Safety is more secure and handier.
Cons: shorter barrel. Useless flash hider. Very large magazine at balance point. No center swivel for Ching Sling. Action is rougher. Trigger is poorer. Accuracy on whole seems less consistent than Steyr...have seen very good groups though from Ruger.
Steyr:
Pros: Longer barrel with normal crown. Better trigger; adjustable. Smoother action. Flush-fit magazine with another in reserve in rear of stock. Built-in bipod, third swivel for sling. Fold down reserve sights. Very light; less than 1 meter in length (Never measured the Ruger) Very accurate, higher velocity from 19" bbl.
Cons: Stock is injection molded and flexes slightly. Pricey. Back-up sights seem to be more "emergency only" in nature than Ruger.
Personal opinion: The Steyr is both closer to the original parameters of the Scout concept and nicer in function than the Ruger. True to the law of diminishing returns, it is not 2 to 2.5 times nicer. If the Ruger had a 19-20 inch non-threaded barrel and a flush-fit 6-round magazine, it would be a much more closer race between the two.
FYI; I own the Steyr and have handled and shot the Ruger quite a bit in comparison.