Wow, we sure are big on generalizations, aren't we? My Spyderco Native doesn't have the "newest toughest steel", just S30V. It doesn't have a "scary profile", either, I don't think you're gonna see too many mall ninjas whipping out a Native to impress their mall ninja friends. It cost me $80, and performed just as well as the Sebenza I was loaned awhile back. Just like the Sebenza it has no blade play, locks up perfectly, but it also felt more comfortable in hand. Okay, I confess, 10 years down the line it may not hold up like the Sebenza does(emphasis on may, when I was a kid I had some no name folder I paid like $5 for, and after carrying it for around 5 years it was still holding up surprisingly enough)...of course, even if my Native breaks down in 5 years I can also just by another(or 3 others), and STILL pay less than I did for ONE less comfortable Sebenza, so I'm willing to take the risk.
Oh, and speaking of Superman, maybe if I had Superman's microscopic vision so I could see those super tolerances the Sebby would seem nicer, but with my normal human vision I sure as hell didn't see them making a difference in actual use.
Don't get me wrong, I'm not saying the Seb's aren't well made, I know they're made to a high standard. I know the fit and finish is great, I know they're made with super tight tolerances, I know Chris puts plenty of effort into his knives. That said, after trying one, along with plenty of other, cheaper knives, I don't think those standards make a big enough difference in either use or feel to justify the price tag. If you do, cool, it's your perogative and I'm happy that you found your ideal knife. For me, I've found knives(not just the Native) that I appreciate more, and I am perfectly content to stick with them. And no, it's not because of super ultra steel(S30V is the highest end steel I own), and no, it's not because they have scary profiles(sure, I own big "scary" Cold Steel knives that I bought for fun, but those aren't the knives I'm referring to), despite your assertions to the contrary.