It's funny, no one's bashed AUS8A in this thread yet several posters jump to defend it and even go to the Tri-Ad lock vs other locks to show why CS is the better knife
I've got nothing against Cold Steel or AUS8 for that matter, my only point was that the cost of AUS8A, G10-only on the liners (and whatever the lock-bar and spring are made of) didn't necessarily justify the price in my head before handling this folder.
Especially when you look at the fact that the blade-coating isn't great (which I assume means not costly), there's no jimping (which means less machine-time), and the Tri-Ad lock isn't exactly difficult to machine (not even counting the fact that I bought this at a gun-show with no receipt, so my understanding is that I'm screwed if it ever comes to warranty-work).
If AUS8A offers barely less retention than something like S30V or 154CM, then cool. But that same line of logic means that it offers barely more than one of the Sandvik steels (or even the Chinese 8CR13MOV). Again, not bashing, just saying that there's usually a give/take relationship on features/materials/QC/etc. and not everyone wants the same thing, but we all want it for the best price
So when you look at not getting expensive steel (not saying its not as good, just not expensive), not getting extra machined jimping (aside from the spots on the G10 at the face of the lock-bar), not getting steel-liners, and not getting stone-washed/bead-blasted/good-coating on the blade/lock-bar... it just looks like I'd rather get something with a little more work/materials in it before spending $50 or more.
Here's another example of an over-priced knife for what it is - the Benchmade Emissary. Aluminum, S30V, and the Axis lock don't add up to $170 worth of knife in my book. Is the Emissary a great knife? Absolutely, but is it worth the money? Not without Benchmade's recent 25% discount

(and even then it hurt a little).
Cold Steel has a few home-runs out there that happen to be really great knives for the money and I'd say that the American Lawman is one of them. Before owning one, I was skeptical that it was worth the money though and the Tri-Ad lock alone isn't enough to convince me (I haven't ever had a lock-back or liner lock loosen up on me, and I would put the compression lock up against both the Tri-Ad and the Axis lock as being stronger than the liners/scales and pivot of the knives they live in).
This American Lawman is about the same size as the Para-2 and the blade-stock is .136" on the American Lawman and it's .146" on the Para-2. The Lawman's tip is thicker due to the hollow-grind but to be honest, I've abused the crap out of my Para-2 and never broken the tip. I'm not looking for a 3 1/2" folder that is "tough" to be honest. This American Lawman is a good knife, but it won't do nearly what a Buck Alpha Hunter (or other fixed-blade around the same size/price) will do for the same money.
I still think it's a great knife though and plan on stripping this black paint off of it and putting it through its paces (just in the light work I've done so far, the coating is wearing off).