I got to handle a handmade Belle at the BLADE show in Atlanta last year. Unfortunately, I can't remember the owner's name--hope he forgives me. We were in the restaurant after the show had closed, discussing what knives were good for concealed carry so as not to freak people out, when this gentlemen whips out a Hell's Belle from where it had been concealed under shorts and a photographer's vest.
"This is the knife I like to carry concealed."
It was beautiful, and it felt like magic in the hand. But I couldn't tell much difference between it and the Ontario. Maybe if I were a bit less of a rookie or I'd held them side by side. I could tell the finish was slightly nicer, of course. If you're a beginner like me, get the Ontario. They're great deals for what how close you get to the "real thing."