Tough choice, esp. since the discounted price on the Criswells at that knifemart.com site is considerably less than the cost quoted in Rob's ad in Blade. ($199 for the Wak vs. $249 in the ad!)
However, having seen a picture of the bare Kris katana blade I see that it has the correct shape and size of tang to build a new (and better looking/working) handle on. (Tang is not drilled for the peg though... I wonder why?) Also, the Kris blades are hand forged, differentially hardened 5160 vs. laser cut A-2 tool steel. The Criswell swords are far better looking, but if I were to get a Kris I would be ripping the crappy handle and Tsuba off and installing new ones in a hurry. Personally, I may just buy the Criswell "Wakizashi" to play with now, and then wait until the rumored Kris Katana with traditional fittings is released later in the year.
PM.