In my opinion, for Hunter the reticle is of primary importance. Since you can't click, being able to hold over with precision is necessary. Half-mil hashes is not the level of precision I am looking for. It's rare to find a scope that ranges very good past 40 yards at 16x, so being able to bracket is also important, which goes back to the reticle. Motorhead had an interesting post recently where he talked about setting up his Hunter class dope to the nearest .2 mil. At the time, I felt like this was unnecessary because all of my scopes had half-mil hashes. Since then I've bought scopes with .2 mil hashes and now I get it.
I know a lot of people use the SIII for Hunter class, and they are probably all smarter and better looking than me, but I feel like it's overkill. I would (and have) rather spend half as much for a scope with a more suitable reticle. I hesitate to give a recommendation because I've decided not to shoot Hunter class for the foreseeable future. It just doesn't get my blood pumping the way that WFTF does. For WFTF and Open, the SIII is hard to beat for price .vs performance.