Every once in a while youll see a high-end custom with slight blade play, but most dont have it, and honestly, i wouldnt own a custom knife that had any play, no play is one of the things you pay for in a custom, and lately, as soon as i pick up a custom knife, thats the first thing i look for, if it has play, i wont buy it, the next thing i look for is a centered blade, i can handle slightly off center, but more than that, back it goes. There are too many well put together customs out there to have to settle for play and off centered blades. JMO.
Now, if we're talking production knives, i guess im more flexible, and i can stand a LITTLE play, though it still bothers me since i know of several cheap prod. knives that have zero play, if they can do it, why cant others? Makes me wonder about the quality of the knife if i feel play. Needless to say, my Sebenzas have zero play, as do all of my customs.