TAH - Buck knives are significantly cheaper now than they were in the 70s, when you consider inflation. I paid $25 for a 110 in 1976; I can get one at wallyworld today for $30. To keep up with those price pressures, something had to give. I was completely satisfied with the performance of the Bucks that I bought in the 70s (110, 118, 119, 301). I haven't used their 420HC very much, but I do have some newer Bucks in S30V and BG-42, and they are certainly top performers. For most of the people I know, the 420HC would be a good choice, with the combination of decent performance and easy resharpening. Most of my friends would never be able to resharpen S30V, BG-42, or D2. For most people, Buck's current offerings are excellent values.