Ahhh! Since you asked, I guess I'll answer!
I ordered six of them from Discount Knives and got them about a week ago. Two SE and four PE. I had heard of these from the Spyderco forum on their website.
This is the FRN handle with reversible silver clip. The blade is 440A and is marked as such on the left side. There is also an etch (or lazer writing) on the blade:
1st GENERATION
BRK
which someone on the Spyderco site said stood for "Blue Ridge Knives."
On the reverse side it says:
Golden, Colorado
U.S.A.
The good news is they only cost just over $22.00, and they are quite serviceable pocketknives. All locked solidly, worked fairly smoothly, were sharp out of the box, and had from very very little to only slight verticle and side play. None of them failed hard spine whacks into my palm. Well worth the $$, IMO.
Now for the not so good news:
The fit and finish are not what I was expecting from a Spydie. Apparently, these were assembled by Camillus in New York! They came bagged only (no boxes) and had an instruction sheet which said if there were any problems, send them back to Camillus...
I'm guessing Camillus took the handles, springs, and blades and did the final finish on the blades and assembled them. On the insides of the locking/pivoting areas, you can tell there are wavy inconsistencies on the metal surfaces, unlike my GIN-1 and 440V Natives. The thumb grooves near the top tang go from pretty well done to very shallow and inconsistant. There are nine of them, instead of my GIN-1's six. Some knives had the FRN ground down to match the lockbar height. All the springs looked good quality (exactly the same as on my GIN-1) without any of those aforementioned "inconsistancies." The metal parts around the locking area/tang look thinner than my other Natives, but I think that's just because they are well rounded off instead of squared off.
The blade serrations were done deeper than my GIN-1, took up the same blade length, but had an (extra) large serration at the tang end. (My GIN-1 begins with the two small serrations at the tang end.)
The clips have the patent number on them, whereas none of my FRN or Blue Natives do.
My guess is from appearances of the metal (waviness), the holes were stamped out rather than machined.
The grind of the swedge is slightly different.
Finally, the pivot area has a smaller diameter, with a correspondingly deeper lockbar at the tang end. The joint between tang and lockbar is not even and has a larger gap than any of my Spydies (or for that matter, my old Buck Scoutlite which happens to be sitting here).
If you want a cheap Native for a beater, or for giving out to folks, these are not bad. They work well and have most of the nice handling characteristics of the "standard Spyderco" Natives. Only one was a bit stiff of blade swing, and that's the one I'm keeping (SE).
If you collect Natives, or Spydercos, IMO you should get one of these to show the "bottom end" of the line.
Maybe Sal or Carlos or someone else can tell a more complete story on these versions of the Native, or correct any of my "guesses."
I was gonna post all this earlier, but I got busy fixing cars...
Karl
BTW, I got six thinking I'd keep one SE and one PE. Turns out I sold five of them to co-workers within the week! I was going to charge $26, but when I inspected them, I lowered it to $23. Paid my postage, anyway.