I wasn't going to say any thing about my El cheapo knife, but I guess i will...I have a Schrade Imperial lock back that I paid less than eight dollars for at Walmart; it is marked Ireland on the blade, package said it was "high carbon steel", not stainless, some sort of hot molded plastic scales, hollow stamped bolsters, lock up was rough as a cob, but smoothed up with oil and lots of working in. the blade is superbly flat ground spine to small secondary bevel, and sharpens easily to a razor edge, yes, it does not hold that edge forever, but the edge responds to the butchers steel extrememly well. The blade has darkened considerably, but does not seem particularly eager to rust. In my book a properly made cheap knife, where you have to work with a lesser grade of steel, is best heat treated to this sort of edge. Very useable and practical. I am amazed at the quality of the blade grind, and finish of the blade too. Which, again, is as it should be, all the quality there should go into the BLADE, not the handle. Very good value.