This (http://www.gunbroker.com/item/559806051 ) is a decent value at the opening price. When they came in a bunch of months ago prices were from about $605 to $750+. The American is a very nice rifle and the 221 very attractive ballistics.
The CZ in .222 would be excellent too. I wanted a 527 American in 223 for too many years but decided the Fireball looked like fun and took it instead. What is the twist in the CZ 527 222? In the 223 it is 1 in 9 in the new ones and 1 in 12 in the older ones which still turn up on shelves. If I were buying a CZ 527 American in 223 and knew which twist rate I wanted I would be careful to get the rate I wanted. Maybe if the 222 is only in 1 in 12 and I wanted to shoot heavy bullets I would reconsider, but I have never looked into a 222.
Most likely you will be delighted if you get a CZ. It is a real wood and steel rifle that should last a few generations. The set trigger is nice too, but I never use it.