Welcome to BF sir! Like you I darted my knife hobby buying "junk"...Hell, I still do! Nothing wrong with buying a cool looking knife made from crappy materials for decoration if it has a good price. I have half-a-dozen M-Techs, Milspecs and other junk folders with crappy blades and weak locks because:
1) They have cool looking designs and
2) They cost like, $5.
Now as for good knives for cheap? The possibilities are ENDLESS. I know all the expensive knives on this forum can be daunting (I can't afford a Benchmade, let alone a custom Hinder job!) but you'll see many glowing reviews for knives under a hundred, fifty, even twenty-five dollars. The Ontario Rat 1 & 2, Chinese Spyderco/Byrd (like that Ambitious you ordered), SAKs..the list goes on!
And as for the Leek...I suggest saving another paycheck and getting this one:
http://www.amazon.com/gp/aw/d/B0017KN4MS/ref=mp_s_a_1_1?qid=1398645218&sr=8-1&pi=SY200_QL40
Better (IMHO) blade. Just use colored grip tape to add flair and grip.
Yea, I really want some knives from M-tech just for the design

The design on that blade for the leek looks really cool. Even if it is around 9 dollars more than $50, I think I'd like that better than the normal looking Leeks