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I agree, I think you could trim maybe half of that guard off, and then bring the blade down to it.The guard is far too large in all three drawings. It doesn't need to be that obtrusive to keep your hand from slipping onto the edge, and will be in the way during fine cutting tasks.
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I am still thinking about the tang. Since its hard scales the tang has to protrude quite a bit if it´s to be used for hammering.