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I find that on my Tenacious, if I grab the blade tip and forcefully move it I can feel it rocking back and forth ever so slightly. However, if I grab the blade down closer to the handle or apply a casual amount of force, there is no play.
If I tighten the pivot to the point where there is no play whatsoever no matter how hard I rock the blade, it won't deploy as smootly.
I usually loosen the pivot to the exact point where the blade will drop freely on it's own with the lock disengaged.
I hate blade-play.
I 2nd that