It says right there that red dots will be repaired or replaced for free for life. Their electronics sections doesn't mention a 2-year warranty on red dots, only their other electronic products. I couldn't find the fine print to determine if they lump their dots into that electronics category, but I can tell you for absolute sure that Leupold replaces their red dots past the 2 year mark.
To your original question, I looked at your optics as an option but the warranty was a no-go for me. Every pistol-mounted red dot I have ever owned required a warranty replacement at some point. Maybe things are different now (returning after several years away from the game), but my past experience indicates that a long warranty is a requirement.