Why are you not going to buy a Sebenza?
If you are looking for a high end framelock, well, it is *the* high end framelock.
Some people love Sebenzas, some don't. But whether someone loves them or not, it is the knife that all production folders (and even many custom folders) are compared to. Especially framelock folders.
You owe it to yourself to try the Sebenza out.
If you like framelocks, you should really consider getting all 4 of these (in whatever order you want):
Sebenza (Large or Small)
Strider (SMF or SNG)
Skirmish (Large or Mini)
Buck Mayo TNT (or a real Mayo)
The A.G. Russell is dead sexy, IMO, but the lack of a stop when closed really concerns me. As one owner has said, a slight nudge makes the blade hit the back spacers, and that dings the blade. Not acceptable, IMO.
Reguarding the Alias... I think the only thing that makes it a Sebenza clone is the blue thumbstud and backspacers. Now, that works both ways. On the one hand, the design of the knife is totally different than the Sebenza. Being a framelock doesn't make a knife a Sebenza clone. If that were true, the TNT would be a Sebenza clone too. The Alias really, in terms of design, isn't ripping the Sebenza off any more than the TNT, Skirmish, SNG etc.... HOWEVER! The fact that they did use a blue thumbstud and blue backspacers makes it obviously a knife trying to be a less-expensive Sebenza. They are trying to compare their knife to the Sebenza with those cues. Now, that doesn't mean no knife can use blue thumb studs ot backspacers without being a Sebbie clone. But in the case of the Alias, it is obvious what they are trying to do. The knife, IMO, is trying to bite off the Sebenza's success, without actually looking or feeling like a Sebenza. If they had just skipped the blue parts no one would be calling the knife a rip off, and it would get a lot more respect.
I think the knife is probably a very good knife. And I don't think you shouldn't buy one just because of the blue parts. But I have a Sebenza, so the Alias is so low on my "to buy" list that I don't actually list it (but it is a knife I may buy one day).
If you buy the Alias, I think you will still want a Sebenza. At least deep inside.
The Sebenza may not be right for you, but know this: Everything they say about it is true. It does live up to the hype, and it is not overrated. It really is what everyone says it is. Whether that is worth the price to you or not is another matter, and whether the handle shape, action, blade shape, etc... are what you want is yet another.