Rifle Scopes S&B Precision Hunter.....Elevation adj. question

I know that few use these scopes due to the limited internal adjustments. However, I am still considering one for light, handy precision setup (3-12x42mm) http://schmidtbender.com/specs3_12x42.htm. I have a few questions:

1) A fella on here had one and his was apparently had MOA adjustments. However, S&B lists the adjustments as .360" which I have understood to be as MIL. So....which is it?

2) Given the answer to #1, how much elevation adjustment is available for these scopes?