Allen,
Much as I often agree with you, this time I must respectfully disagree.
Obviously we will both eventually agree to disagree, but I beg to present the argument that this series is expensive compared to others of the same quality and/or price.
As you can get any number of limited-run production-grade knives in S30V for less than $100 street (Benchmade, Spyderco), S30V with titanium slabs at $150 (Benchmade), full-on two-slab at 0.15" titanium framelock semi-productions with S30V for $345 (Sebenza), and the WH Westcliffe Button Lock (two CF slabs, no liner, 3" 154CM) for $225, I find it a little disappointing that this knife, which has a single, thin, Ti liner, and two CF slabs with S30V to slot in at $325.
Jeff Hall's Nemesis midtech Xenon, with a 4.25" S30V blade, 0.80" Ti liners, and two CF slabs, is slated to slot in at $325-$350. Similarly with the Mayo Midtech, which might be expected to use S30V and titanium is expected at the same price. Even the Strider AR/GB, which has a larger S30V blade, two thick Ti liners, is about the same price.
It is possible that these projected mid-techs will be more expensive. However, not by much -- this IS the mid-tech market, and barring some exceptions (Onion mid-tech being one of them...

) the mid-tech market should be expected to be less than the custom version. This seems to hold true even when the custom versions are unavailable even on the primary market (Onion, Mayo, unfortunately not Emerson

). The American Made series is not, unfortunately, a true mid-tech. Furthermore, Terzuola customs are not terribly difficult to acquire on the primary market, much less the secondary market.
So it is, in my opinion, not a terribly good bargain on the basis of cost of materials used (any!), lightness and size (WH), fit and finish quality (WH, Sebenza), difficulty of manufacture (Nemesis, Strider), hand-crafting (any mid-tech), scarcity, or even name and design (second hand Terzuola).
I'm sure there are many people who will like and buy them; I'm not going to argue with them. Heaven knows I've spent more than my fair share of money on things that are massively overpriced in comparison to other market competitors (

); I'm just providing some evidence for my perspective.
I think the point of the mid-tech concept is of great value -- for those of us with less disposable income and time (considering also that secondary market prices can be well over the original primary market price) and yet with much desire for the design, name, and hand-crafted quality of the original. Personally, I don't mind paying more when some of the work (final fit and finish) is conducted by the original maker, but when it's only the design, I find it difficult to pay much more than for a regular production.
If these do come in at a equal quality, fit, finish to similar knives, I'm good for a look, provided it doesn't cost me to ship around. After all, as it's been said, none of the work is actually performed by Mr. Terzuola, and the materials aren't comparable to similar market competitors. At one point, I had a second hand TTF-3a of which I was required to divest myself due to financial difficulties and to this day I still think of finding a Terzuola bargain.
That's my $0.02, and I'm sticking to it.
-j