I've sold most of my Cold Steel stuff mainly because I've been bored with them, but many of their knives are great users. The only ones left in my collection are an SRK, Recon 1 folder, and an Extra Large Tanto Voyager. Aside from their overblown hype, they produce decent working knives, but there's just too much Kraton and Zytel in their lineup. They do have the Ti-Lite with titanium handles, but go figure: AUS-8 steel. Nothing wrong with AUS-8, but the Ti-Lite is overpriced in my opinion. I'd like to see some G-10 handles and other steels like VG-10 or S30V. Something else other than the tired old black Kraton and Zytel.
I recently checked out one of their new "Ultimate Hunter" folders. Nice, but again: AUS-8 steel, made in Japan and a Kraton-like polymer handle. What caught my eye was the nice satin finish of the blade and the solid lockup, but it's nothing to write home about.
My experience with their "sub zero quenched" stuff is with the Recon 1 folder (Cold Steels answer to Benchmade's Axis lock). It's a solid mechanism, but not as smooth as Benchmade's. I have one of the current made in Taiwan versions in 440A steel. Far from state-of-the-art, but all in all, it's an okay folder. It's a shame they discontinued the Japanese versions. My only dislike is the crappy black teflon coating on the blades. They should have produced them in a satin finish.
A local retailer in my area carries several Cold Steel models and I've checked out their Trail Guide folders. These are USA made in Carbon V steel which are basically made for Cold Steel by Camillus. These are absolute crap. I went through 6 models (4 large and 2 medium Trail Guides) and all had various degrees of blade wobble and sloppy lockups. These are the worst American made folders I've seen since the Schrade Cliphanger. There's better felgercarb coming out of China and it was truly a shame to see made in USA stamped on the blades. :barf:
Aside from the X2 Voyager, there's not much in their lineup that appeals to me anymore. Much of Cold Steel's stuff is good, but there's better.