If you're foolish enough to buy a $16 liner lock from a company with known shakey QC, your fingers deserve the consequences, IMO.
Furthermore, that knife isn't just vaguely Emerson-like, it's a copy. Not just of the design, but a violation of emerson's patent on the Wave as well. Supporting these dirtballs is basically saying you support shady manufacturers stealing American ideas and building them on foreign soil.
Thought I'd be frank and forthright on this one. For a using knife, there's a quality level below which no price reduction can make up for, and by almost 100% of the reports I've seen of this knife, it's below that level. And Emerson himself has appealed to honest knife knuts not to support those who are stealing his property. My suggestion is to both keep our fingers safe and not reward thieves (and do support the folks who are innovating things in our hobby), by not buying this knife.
As Keith pointed out, in a cooler-headed manner than me, there's an ethical question here you'll have to sort out for yourself, aside from the obvious issue of what kind of quality you demand.
Joe