i have both a case and an old timer. i'm in love with both, so i guess that makes me a bigamist. my case has chrome vanadium steel, which holds a great edge, and my old timer has carbon steel, which holds a better edge. the case is a much more attractive knife, good for dressing up in addition to every-day use. the old timer, although it is a nice knife, is nowhere near as attractive.
which one you buy depends on what you're looking for. if you want a superb cutter, and don't mind a plain brown handle, get the old timer. if you want a great cutter (not quite as superb) with beautiful looks, get the case.
aleX.
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"open it up and stick it in..."