I bought a S&M Heritage Cattle knife a while back. I remember reading somewhere that it was made with the same tooling as the originals. I liked that concept and that's what sold me on the knife.
I didn't like the knife when I got it in my hands. Mine had that same spongy action that Kirkwood mentioned in the thread he linked. It was very strange and hard to describe. A thorough flushing and cleaning of the action did nothing to improve it. On a positive note, the knife was an absolute brute of a knife. Heavy for its size, (a feature that I did like) and I suspect it would have taken on some serious tasks with flying colors. I just couldn't get past that strange, spongy walk & talk.