In reply to TheDrunkenBakers:
A good set of bins generally gives give better views than the equivalent size telescope and more natural on the eyes. However, with this style, with fixed magnification and oculars it's tricky to use comfortably for anything high in the sky due to getting you head in the right position (unless you have extremely expensive mounts thaty allow you to sit in a reclining chair). For the best views, higher in the sky is better as there is less atmosphere in the way and often less light pollution (both of these are significant factors).
A scope of similar expense will allow more comfortable viewing and allow you to upgrade/change oculars for different magnifications to suit the conditions and the object you want to see.