I've found the knife to be very well designed and constructed. It came sharp out of the box and even after using the 440A version, I'm still at a loss as to why 440A is so maligned. I have a couple of AUS8A Recons, but no need to break them out as the older knife is performing just fine.
The only complaint I have with the first issue is that it's kind of hard to hang onto when wet. There's really nothing substantial to keep your hand back behind the blade if you use it in any sort of thrusting exercise. The newer version features G10 handles and it's far easier to retain. Both versions also are just a bit heavy. The lock is great, the blade snaps open with authority and closes easily. I have a leather cord through the lanyard that I can wrap around my hand quickly if there's any possibility of the knife slipping.
The steel may not hold up all that well if you cut carpet, but for most uses, it's a very good knife. If it were a movie, I'd give it three and a half stars.