Hi Ken.
I really like the Toad and have 3 of them.
They are regarded as ugly by the majority of formites, and likely are not a best seller at Spyderco. Chances are that they will be discontinued some day.
I have a spare tucked away in my safe. One sits atop my computer desk, and one is in the dash tray of my car.
They clip to and carry well in the watch pocket of blue jeans.
The fit and finish of the knife is extraordinary. The walker-type lock is very oversized and confidence inspiring. The clip is the perfect size, as is the blade for it's indended "domestic" service.
To me, the Toad is the most mechanical-looking knife in Spyderco's line. I think it is a cool looking little knife.
The hole in the blade and the corresponding access flute in the scale, as well as the locking mechanizm, are all in the perfect place for a small knife.
It is fun to hold, open and close. A true feel-good-in-the-hand experience.
It is somewhat expensive for its size, but worth every dollar spent,IMO.
Keep your eyes open as there are some bargains out there.
Later, Bill