I have both the Alias I and Alias II. I am quite happy them. I mostly carry the smaller Alias II during the week at work. I too thought that hey, a cheaper alternative to a Sebenza. Well, I finally decided to find out for myself about the Sebs and acquired a small Classic and a large Regular. There "is" a difference between a Sebenza and an Alias. Better fit & finish, tighter tolerances, in my case I obtained Unique Graphic versions and the lifetime guarantee from CRK. Now, is the tighter tolerances and better fit & finish worth the extra money? Well, I was skeptical and for me anyways, yes, the Sebenza is worth the extra $, especially because of the Unique Graphics which are one of a kind. Don't get me wrong, the Alias knives are excellent knives and I do carry one for EDC but they are a different niche kind of knife. If you are curious, do as I did and purchase one second hand for a cheaper price and then decide for yourself. There is nobody on this forum who will be able to convince you that a Sebenza is worth the money or not, you actually need to find out for yourself. If you don't like it you will more than likely be able to sell it for what you paid for it, so money lost.