Yeah, I had one. The one and only time I bought from SMKW. Not a bad outfit, I suppose, and they let me return the knife. It was the last Bear Tac II they had in stock and the sheath locking mechanism ended up not working properly.
$60 isn't a lot of money for a knife, granted. But for $60 you can buy a Becker BK7, CS Peacekeeper, or multitude of SAK's and Mora's. These knives are bargains for the money.
IMHO, the Bear Tac II wasn't.