For the money it was not a bad little knife.
I bought one in the late '80's to use in the machine shop instead of messing up a "good" knife. It was so light you could forget it was in the pocket, and once I got it sharpened it was not a bad edge holder. It will NOT compare to some of the high end stuff so it gets a bad rap the same way sak's and SS Case knives do. Alot of knife snobbery comes into it. Gerber uses 440A and its an okay steel. Easy to sharpen, decent edge holding.
In the shop it got used very abusivly, on cutting gasket and masking material, greasy dirty fiber tape from around bar stock, and I got to be fond of the knife. In the early '90's I used it for cutting bait, gutting pan fish, and as a general use edc. It worked just fine.
For 17 bucks out of Smoky Mountain, its a good general cutter that works, but you won't cry over it if it gets lost or something.
Bashing Gerber is one of those "in" things now. As for Fiskars, They have been in buissness since the 1600's making knives and sissors in Finland. Would they be around that long if the Finn's thought they were junk?