Wow.
I am truely sorry to hear about the bad knives. The design for the cablelock is somewhat of a new thing for us and we did have some 'issues' initially in production. While I can't go into specifics, all I can say is that certain deadlines for certain giant chain stores occasionally affect our releasing/not releasing of items sometimes. We of course would never release anything defective or unsafe, but the missing a deadline of that nature right now could prove a lethal mistake for us. So we had to push production time up to accomodate this certain giant chain store.
The designer of the knife is currently raising holy hell with everyone here to improve a few things with the knife which aren't yet perfect. (better blanking process for the blade, better tolerances on locking mechanism, better handle construction, etc.)
I have used two versions of the knife:
Current standard version: which is just fine for most everyday usage.
Refined version: which we are working on presently: This is a work of art, it is everything that could be hoped for in the design. Truely graceful. THough it's not my favorite design (my fav is the 25OT) I like the thing.
The moral of the story. The guy who invented it is presently kicking ass to get everything mentioned here cleared up. Give it a couple months, and the next batch will be out. I will let everyone here know when it does.