About 15 years ago or so when I first saw a bunch of CRKT product at the local gun show I thought they were going to be the next Kershaw. Kershaw made a good knife for the price with really sturdy designs. So did CRKT. Kershaw had Ken Onion and a couple of others in the stable of designers that were really starting to shine. CRKT had Carson, Kommer and a few others that designed some nice knives, and the ones that I handled blew Kershaw out of the water for quality of design, materials (same steels as Kershaw) and assembly. At that time neither had heard of quality steels and that wasn't their market. If you wanted a step up from KAI, you left Kershaw and went to ZT. If you wanted a step up in steel/design from CRKT, you went without.
Now look at how both companies have changed. I don't buy CRKT, hate the LAWKS system, and the only KAI product I will buy at this time is a ZT. In regards to both companies, there are a few brands out there made in China (as their offerings) that are much better in design, execution and material and price.
Robert