They are now discontinued, but I have the Drop Point model. The cordura sheath is adequate (same sheath used for the entire line.) The blade is bead blasted and has a tendency to get rust spots pretty easily. The steel sharpens easily to razor sharp, and holds moderately. I guess it is 420 stainless (Gerber customer service wouldn't tell me exactly what steel).
The handles are non slip and the overall design of the knife is nice, but a little heavy. I wish they skeletonised the full tang and then the balance would be much better.
Then again it is a $30 knife! Not bad value actually.