This post and the responses herein, are just more proof that the old adage of you get what you pay for, is truer now than ever. Occaisionally in this market place in nearly all sectors including knives/tools, if you want good to excellent quality materials and workmanship knife/tool, your simply going to have to pay for. While there are always good deals to be had ebay, garage sales, estate sales, on line store close outs, forums, etc. The rule and not the exception is you get what you pay for, and if want something good your just gonna have to fork over the money, or shop. Case in point Gerber, some of their line is still good quality well made stuff, but its all the higher end stuff. I think the market place in many sectors is starting to split with big portions of the market catering to the common everyday buyer that wants an inexpensive knife, when its dull or breaks they'll buy a new one, just like many people do with all sorts of things, and then those people such as our self who are constantly seeking their own personal knife Nirvana or "perfect knife" and place a high value on having the highest quality knives/tools we can afford and in some cases merely pay for. What is happening in this is there is no middle ground left or what little middle ground is left is shrinking rapidly, (kinda like the middle class, but thats another email for another site). The knife market is just changing as are most markets, as the overall economic structure of the US and World for that matter changes so do the market offerings. With the cost of quality anything going up so rapidly due to commodity prices and energy prices, the overwhelming supermajority of the market place has to decided what they want to put a preference on, i.e. say your a big hunter with the price of hunts, guns and optics, etc. somethign has to give, so instead of having nice high quality everything certain areas have to be scaled back upon, say for instance knives. I think ya'll get the point without me continuing my discertation.
Sorry for the long response but is much more involved then just Gerber making cheap knives, now.
Look at the market, theres not just much middle fo the road stuff to be found, its' either suspect quality materials and workmanship or its highend to uber highend. Why do you think so many production companies have started offering a chinese made line i.e. spyderco-byrd.
sorry I'm still going, I'll stop now.
Mike C