It's an excellent knife. I believe you can avoid the Veff with a PE G-10 model, but I haven't checked.
This is a knife designed for either hard push cuts, or forward stabs. It's not a very good EDC knife, although it does work in that capacity if you need it to. The double flippers work as a (I think they call it a True-Hilt) hilt so as long as your hands on the handle, you hand can't slip down and onto the blade.
The steel is adequet. Most people bitch about AUS-8, until they realize that it's the same as 8Cr13MoV, and a step above 440C. It's a good working steel, and will take abuse. It's high on the "toughness" scale, but it's edge retention is a bit sub par.
The AutoLAWKS feature is one of my favorites. It prevents the liner lock from closing until you pull the little switch at the top back. It makes this an extremely secure folder.
The flipper on the top does stick out of the pocket a bit, as well as the one on the back. It's best for tip down carry, not something you'd want tip up.