I have one en route from Bud's as we speak. I thought the same as you as to its utility as a coyote rifle. I just like the idea of iron sights and the options provided by the threaded barrel are cool, too. I was considering a Stevens 200 and ran across the Hog Hunter. The sights, heavier threaded barrel, and accu-trigger convinced me to spend the extra $100.
Mine's in .223 and I'll be putting a Redfield 2-7x, that I already own, on it.
UPS says by the end of the day next Thursday. I hope to have the scope mounted and get it sighted in for the weekend.