I'll weigh in on this discussion...
Regarding F&F in comparison to the aforementioned knife... Like others have said, there is no way these are in the same category as the CRK. Here is why. Modern folders are made by machines to crazy tolerances and modern, specialized materials and mechanisms. All of that translates to knives that are crazy smooth, perfectly centered, perfect grinds, blah, blah, blah. ALL production slip joints that I am aware of are just completely different animals. It would be like saying I want a bicycle with the fit and finish of a Ferrari. I love the Everdaycommentary review for everything except the Sebenza comparison because a ton of Sebenza people bought one as their first traditional and didn't like it because their expectations were set incorrectly.
The Indian River Jack is made by Queen to our specs. We chose Queen because they will deal with the higher end, modern steels. The IRJ is, indeed, a pattern that is just ours. The F&F is a bit above regular Queen. If you are looking for a perfect knife, I recommend....well, not sure what I would recommend.
As to the edge. They are dull. Dull like every other Queen.

We were going to send them to another company to have them re-ground and sharpened to make them a little more incredible out of the box, but we opted not to for cost reasons. Modern folders (Kershaw, Benchmade, etc) have mastered turning out sharp knives. Queen and GEC have not. It is something I have come to live with.
We wanted this to be an EDC, workhorse knife. It is not built for someone who wants something for their shadow box, but for their pocket.
As to price. We did what we could to keep the price reasonable. The steel--a CPM steel--is quite expensive both in the raw form and in the working to put it in the knife. Queen had to do a number of extra steps and different processes to make it work. I was very pleased with the performance I am seeing out of them.
The Northwoods Indian River Jack has what I love about traditionals--it has soul. It is a beautiful knife that marries the performance qualities of modern folders and traditional pocket knives--high performance steel of moderns with the thin blade of a traditional--giving it better cutting performance (imo and for my needs) than either modern folders or standard traditionals. It does that while maintaining the warmth and beauty of a well made knife made by real craftsmen and women.
Honestly, I love the Indian River Jack (I have about 4 or 5 of them) and it is in my pocket right now.