I adore my Calypso, but I'd like to take a guess as to the poor sales of this model.
It's big. Really big, a "full-size" 4" blade. Virtually everything else in that class is a "tactical" knife - heavily built, function-first, with a clear emphasis on (perhaps imaginary) strength. The Micarta Calypso sticks out as a really classy knife - but not a heavy-duty one. The linerless Micarta is seen as less tough than G-10 or steel (it is, but hardly enough to matter in a folder), and the slender, flat-ground blade puts a clear emphasis on cutting, not digging and prying - as if you'd want to cut with a "tactical" knife (though kudos to the Military for bucking this stereotype)? Frankly, I think the Calypso may be "too pretty" for the class its size puts it in. That's what I like about it, but I have more than one knife so it's a nice contrast. Most buyers, I'd imagine, aren't saying "that's a classy alternative to my Police Model for dress-up."
I guess I'm thinking the Calypso fares badly in "comparison shopping" because, due to its size, it will be compared with knives like the Military, AFCK, and Police Model. Most users aren't going to buy a knife in that size class on looks alone, and the competitors all seem like stronger, heavy-use knives. People perhaps don't want a classy knife that big?
That's my guess. I'm sad to see it go. It was something really different, simple elegance in a full-sized knife. But sales are what drives this industry like any other, so I guess we'll bid it farewell. Still pushing for it as a liteweight, though
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-Drew Gleason
Little Bear Knives