I bought the krupp oss a couple weeks ago. The fit and finish was not quite as good as the camillus made carbon v models, but then again it costs only about 2/3 of what they did. From my limited experience with different steels, I would say that it holds an edge adaquetly, especially for the price. It can get very sharp. I have flexed it a bit to see if there were any vital flaws in the blade.
I own the ODA model as well, and even though the oda is in fact slightly lighter, the oss feels lighter. It is the most perfectly balanced design I have ever felt(but I havent felt many) , with the balance point exactly on the middle of the double guard. it is fully sharpened on both sides, and has a slight hollow grind. One thing that dissapointed me was the fact that the edge was not the beautiful mirror polished edge that the camillus models came with. The point is thin, but not fragile.
The guard and subhilt serve their main purpose well (keeping the hand securely on the handle) and I doubt you could just chop right through it in one cut. The kraton is very stiff. After some very forcefull stabbing into a thick arrow target (hehehe...), the handle-tang connection has developed some very minor play around the lanyard hole, which has happened on many of my kraton handled knives.
The sheath is made of kydex, but called "secure-ex'. It fits the knife well, and has studs that clamp the knife in when inserted. The only thing I didnt like about it is the snap on the upper strap was very hard to close on the handle. I just moved the position of the belt attatchment 1 hole down, and it fits very well now.
For the price of about 35 dollars, It was a bargain IMHO.