If cheap appeals to you, buy one and give it a try. But as has been suggested, the original knives made by Imperial Schrade in Ellenville, New York are still available and not hard to find in whatever condition you wish from a good used one to new in the original box as it left the factory. For the price difference I personally prefer the originals. I've not owned or closely examined one of their imported copies, but I do have a couple of their fixed blades and the originals to compare them to. While they may have the same shape in pictures, I have found the copies to be wanting in quality, appearance and fit and finish wise. No, I have not bothered using them so I cannot state whether or not they perform as well as the real ones. And also both of them were early producion circa 2005 when Taylor Brands Limited Liability Company first began having them produced and imported. I would be surprised if the quality has not improved in the past eight years. I see them everywhere at retailers of cheap knives, so someone must be buying them.
I'll also mention that there always has been and will continue to be a market for cheap knives. Some buyers, particularly young ones, simply do not have the money to buy better quality knives and even if they did, don't know or recognize the difference between the two. They just want a knife-like object to put in their pocket. There is nothing wrong with this, in my opinion. Back when I was a kid those knives were supplied by Imperial, Colonial, Ideal, Camillus and a few others. I have some of those in my collection for the nostalgia factor. But having handled and used many higher quality knives for years, the differences in construction, materials and durability are apparent to me. Differences I am not sure I would have appreciated in my early years where a knife was lost, traded or broken before the new had worn off. We each have to decide for ourselves what fits our needs, whether it is a cheap imported knife, a well made domestic or imported knife, or a $500 custom. There is a knife out there for every budget and for every pocket.