They're not as cheap as they look, but they're nowhere - and I mean nowhere - near the quality level of the Ka-Bar Doziers.
They are China cheapies. Now, *for* China cheapies, they're decent. They're roughly on par with the China made Winchesters you see at Walmart. But your $8 can get you a much better knife, like an Opinel or Mora or small Victorinox/Forschener fixed blade.