CRKT has actually made decent strides in separate areas, the wild weasel and I think it's the voodoo, come to mind. Good deals still also.
I don't like the toning down of steels.
I'm pretty experienced with the AUS steels and none of them are impressive (haven't tried 4 or 10 yet though, to be fair). AUS8 is acceptable in edge retention, but just barely.
Also, these are the only steels I use that have a problem with chipping.
I still love my two (chipped) CRKT folders and carry them pretty often.
Not buying the new models is the right way to go, though I wouldn't be upset about it. Hopefully, if their sales figures differ in a negative way, they'll return to somewhat high end stuff. Wish they'd follow Kershaw's example, which, in my opinion, is really taking the fight to Benchmade and Spyderco lately.
Can't have everything. I really want to see more diversity in CRKT's line up. Spyderco makes a dozen knives I want, though I may not like them more than the M16 or some Benchmades, but the truth is, Spyderco just offers more knives I'm interested in.