I have one and to be honest, I love it for what it is.... think I gave 27.00 bucks for it back in the day ( delivered ) and have abused it for years with no adverse effects..
a few things of note... you'll want to wrap the wood handle in Hockey stick grip tape...VERY slick otherwise...
They are hard, but tend on the softer side of hard... which for the blade, the way its ment to be used, and the working environments the blade typically sees, IMHO is a good thing. I use mine occasionally to clear light brush growth low to the ground...any rocks I hit result in very minor edge rolls rather than chips which are easily repaired...
Think of it as a heavy duty chopping machete I guess....
It'll process wood down for a camp fire with ease, single stroke sheers saplings up to 2 inch, mine is very sharp, came that way, and I've always returned it to its original edge geometry when I sharpen it since I've never had issue with it.
for the money, its hard to get more knife IF you understand what you are getting and what its designed to do.... its no HI kuk, it'll never be a kitchen knife... but for clearing ground, processing fire wood and general yard work.... cant beat it IMHO...
The blade will rust if not cared for... my grandpaw taught me an old trick YEARS ago... just hold it up and spray it with WD-40 till it drips, let it dry and you'll end up with an invisible non greasy coating on the blade that will prevent rust... just spray it again after you do much cutting with it to recoat any surface area that may have been scrapped clean by what you cut.... works great on axes, hoes, shovels etc etc too...