I've got the Bee (the uncoated EL01) and I like it very much for the price. Well made, nice design. I bought it at exduct and for 10 euros it was delivered. The steel is the same as the steel in the spyderco tenacious. It is not a supersteel, but for me it is very acceptable, the edge lasts long enough and is very easy to resharpen.
Only problem is that it is hard to keep them, a lot of people around me are willing to pay a few euros more for them than the 10 I paid. I am now carrying my the fifth I ordered.