They were/are very good. I don't know the details but SMKW lost the rights to the name, so they are no longer in production.
I have more Rough Riders than COLT, but the Colts I have are excellent. My carbon steel blade Colt canoe holds an edge longer than my Case CV Canoe, and is just as easy to sharpen.
Quality wise the fit and finish is as good or better than the CASE and BUCK slipjoints I have.