It's actually closer to 28 oz.
And I can tell you from first hand experience, that's actually a damned good scope for the money. This one is a Midway exclusive, and from what I understand, the build quality is quite different from other BSA stuff. I have roughly 10,000 rounds of trigger time with the one on my 10/22 target(/possum) rifle. The glass is CRYSTAL clear at least out to 100-150 yds (all my "real" rifle scopes are Zeiss, Trijicon, NF, etc.), it focuses well, holds zero, picture is crisp from edge to edge, and it has extremely unforgiving eye relief.
Would I put it on a 308 or 223? Hell no...but they're awesome for 22's.
For $249, it makes one hell of nice a target scope, and a mil/mil FFP training scope, for a 22 rifle. 22 LR doesn't travel far before it starts falling, so it's been a great tool for practicing the math in my head for holdovers and dialing in elevation, and for range estimation.
I tried the non FFP 6-24x44 version, and I can tell you first-hand that it's not at all like the 4-14 FFP version (total piece of shit...eye relief was terrible, wouldn't focus past 50 yards).
ETA - Worst case, you can always send it back to Midway...whether you just aren't impressed when you get it, or it breaks 6 months later, they'll take it back (after 90 days it's for store credit). Their return policy is as close to Wal-Mart as anywhere I've ever seen.