I've used that scope in the past, you could do worse. I think the older VX2 that it replaced was a little better. Leupold is never a BAD choice. But there may be better options out there. But if you're ever in doubt about 2 scopes in the same price range Leupold is a safe bet.
They have been discontinued, but there are still some Burris FF-II scopes out there. IMO it's a better scope than the VX-Freedom. MSRP on those was around $200, but I see them discounted at around $150-$160 from time to time.
Burris replaced the FF-II with the FF-IV. I'm still not sure the newer scope is an improvement. But you might want to look at that too if you can't find a FF-II.