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No, it cannot be flicked open and can barely be opened at all using the Spydie hole. It's actually just for looks on the Southard; it is designed as a flipper only.
Don't dismiss the Spydie Southard. I have the all black one and opening with the hole is quite easy.
The trick is to push out perpendicular instead of straight ahead. Mine is a great flipper or flicker.
Also have a Domino and it might be a tic small, but performs large!
Both great knives!
Good luck and let us know what you decide on.
Joe