I bought a few of these ExtremeOps huge folders at Big 5 Sporting Goods stores in Utah and Idaho. They are on sale for aobut $16 or $17.
For that price, they are great last-ditch punching and stabbing knives. They really are huge chunks of steel. Edge and heat treatment are unkown, but for $17, I could not even buy a CRKT at the WalMart anymore. I noticed WalMart really reduced their knife offerings.
In any case, I was also curious about the quality myself, at that price point. Someone borrowed or licensed the disc-on-the-blade-spine design of my old Emerson-Benchmade collaboration tanto.
Hey, EVERYTHING is made in China now, so I am not overly concerned. A lot of American, Chinese, Taiwanese, Japanese, German, etc. consultants have made money by teaching the Chinese the modern Manufacturing processes in the past 15 years. Things get better each year. See how the Korean cars have made such huge leaps and bounds? Same old Toyota Production System in place (again, a Demming-American process, adopted and religiously adhered by the Japanese Post-war). Those Germans are teaching takt-time, 5S, Lean manufacturing, Six Sigma to anyone who pays them instead of the Americans, Japanese, Taiwanese, etc.
I think the whole China thing hinges more on the Intellectual Property issues these days. If S&W were to licnese their brand of quality to the workmanship, it may not be all that terrible. The original $5 Cutting Horse S&W really WERE cheesy little things, but they weremeant to be disposable, I think.
Back to the knives: I like mine. I saw them listed at $70 for the large S&W ExtremeOps folders, and there would be NO WAY Iwould fork over that cash for one. At the $17 clearance price, I took a few for the house, truck, bag, and Xmas stocking stuffers. I would not cry if the blade chipped or bent. It was only $17.