For what it's worth, I like them. I don't have tons of experience with them, but I do own a Mini-Commander, a Horseman and I used to have a CQC-7. Solid knives with good ergos. You'll find a lot of people crying foul about fit and finish, and for what these knives cost I can see why. But I've picked mine up off the exchange (or that big auction site) and have had good luck paying around $100 for each. I honestly can't justify paying full retail for these knives.
Emerson's 154CM isn't a super steel by today's standards, but he treats it fine and the chisel ground blades can be re-sharpened fairly easily. It's a good working steel, and despite all the hype about being rock solid, tactical terrorist-killing machines, the knives themselves make pretty good users. I don't fight ninjas and infidels as often as I take down boxes, zip ties and packing tape, and for my needs the knives work fine. Oh and like benchwarmer380 said, only you can decide if you will like it.
I have way more Kershaw/ZT products, but that's a story for another thread. I still enjoy my Emersons.
Now for pics before someone puts a meme up!
Mini-Commander lounging at the beach:
CQC-7 at the park:
Horseman (Mini CQC-8) outside of work:
