I think that the reason people think or say cold steel is crap, or overpriced may be because of a few reasons. I could be wrong, but this is my take on all these cold steel is crap/overpriced threads.
1) about the quality - I think as many have said some of their knives are made in china, and some are made in Japan. I personally do not know which is better quality. I think however that there are quite a few people who think that if its not made in America, its no good. However they have a good reason to say this, as they have probably have no problems with the knives they own that were made in the USA, yet have had problems with their knives they have that are made in China or Japan.
On the contrary, there are many knives made outside of USA that are of good quality (and I'm not saying these people are too ignorant to recognise this, not at all). Fallkniven, some spyderco's, some benchmades I think.
2) I'm not sure if its true, but I think some people may be parroting what they have heard. I sure can put my hand up for thinking cold steel is crap simply because I've heard of a few people who's CS knife broke. Not sure about others, btu having no experience with CS knives, I think they are crap. However after reading reviews of a few ones like the recon scout or trailmaster for example, I've come to realise that they are actally pretty heavy duty knives, IMO. Take the trailmaster for example, the older version i think, its pretty darn thick at 1/4 inch EDIT: its actually 5/16 inches thick, so thats nearly 8 mm thick, which is bloody thick!, and I don't know which would win, but if it was compared to a ESEE RC3, for extreme use, would the CS or the ESEE win? and which one would you rather have if yor life depended on it.
3) regarding their overpricing - I guess it depends on what you have bought/seen before looking at CS knives, for example, the CS Mini Lawman and the BM Mini Grip.
The CS is 6.3 sm long, the mini grip, is about 7.3 cm long.
CS uses AUS8, and the mini grip uses 154cm
CS uses G10 as the handle material, whilst the BM uses Valox.
CS has no liners I think, whilst the mini grip does.
CS uses the triad lock, whilst the mini grip has the axis.
The CS is msrp'd at 79.99 whilst the BM is msrp'd at 95 bucks.
I guess if you didn't know knives you'd think the CS is a better bargain, with the the whole "triad lock AUS 8 steel g10 handles" not meaning much difference to you then the "Axis lock valox handles 154cm steel"
Also as its been pointed out on different threads, if Cold steel's products sucked that much, wouldn't they be out of business by now? how could they keep releasing new models/continue production if they weren't making money. This also branches out onto their marketing, and thats already been talked about in the other cold steel threads.
I guess what it comes down to, and this is how I interpret it, is that many people don't want a CS, as there are in many people's eyes, better offerings out there, and that ANY benchmade or spyderco knife for example, will beat a Cold steel regardless. Also I think that people don't have heaps of money to spend on a folding knife for EDC, or a Fixed blade for their next camping trip, and therefore want the best value for money, and in their eyes and many others Cold Steel does not represent this value. This I think isn't true. Whilst I will say, I would prefer a spyderco or benchmade folder over a Coldsteel one, IMHO, there are some Cold Steel Fixed Blades and folders that have been provent to be actually pretty decent, and at a reasonable pricepoint, which again depends on what your interpretation of a "reasonable pricepoint" is. To some spending 100 bucks on a spydie dragonfly is ridiculous, as its so small. So really up to the person themselves I think.
I tried to make this as non biast as possible.