Today is 1/10 and I just received my Cold Steel Voyager. Most of what each of you said in this tread is true. You do get what you pay for. The Voyager does seem to be a lot of knife for the money. My first impressions are as follows:
a) The knife and lock seem very strong and secure.
b) The blade is very very very sharp. It is sharpened to a very thin razor edge, so most likely will not hold the edge in hard use.
c) The serrations do seem to be very fragile and look like they will snap off under hard use.
d) The overall finish of the knife is very good, for the money.
e) The handle is an odd thing. It seems very strong and stable, yet it feels cheap and very plastic at the same time. Not my favorite, but again, I only paid $50 for the knife!
f) Here is the kicker to me: The blade, when opened is very very sturdy. Much more sturdy than I would have imagined. There is absolutely no blade wobble at all. My $200 Emerson Commander blade wiggles and wobbles and constantly needs to be adjusted to keep it in place.
g) I also own a REKAT Sifu. The Sifu is a much nicer, stronger knife, but costs twice as much.
My initial impressions make me want to say that if you are looking for a $50 folder which is a great, impressive, intimidating knife, you will not go wrong with CS Voyager.