I never noticed a difference, so I'd lean towards no. I've had 'em with aluminum, wood, and Micarta handles and all felt nice in hand, and were light. Cool knife, you'll probably like it quite a bit.
The wood and Micarta are mid 70's knives (horizontal S stamp); the aluminum handled variant a little older (based on blade stamp and thumb notch type). This from memory; it's late and I'm tired from wood splitting earlier.
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