From my observation and experience there has been a noticeable drop in quality control with today's knives. Not talking Frost Cutlery here, either. Four of my recent purchases have included 3 Kershaw's and a Spyderco, and nary a one could pass even the most cursory of glances without being judged unacceptable.
All of the Kershaw's had uneven grinds. From perhaps 40 degrees on one side to 30 on the other, to a complete chisel grind on one. The ZT 0300 not only had an offset grind but was as dull as a butter knife, and stripped aluminum pocket clip screws on a 200$ + product is ludicrous. Aluminum? Really? A dull as sin Rake with so offset a blade it not only rubbed the liners when closing, it wore on them until I corrected the problem. Last but not least a black tanto Groove that was so loose upon opening it rattled until the screw was tightened and don't even ask about the edge.
The Spyderco Endura had one continuous burr from tip to Spyder hole, interrupted only by the small chips that broke up the monotony.
The only winner was the 5th knife I recently acquired, and but of course it happened to be the least expensive and made in China. The Boker Plus G4 Wharncliffe was marvelously assembled, and had nearly what I'd consider to be a sharp edge. $24.95, so go figure.
I corrected all of the problems, hey what else do I have to do I'm frickin retired, and as far as the edge quality I can't recall the last factory knife I left unattended as they always arrive incredibly dull with wandering edges, so I was going to work on them anyway.
After I received my Edge Pro I went and ordered a passel, passel and a half, of cheap China-made knives to practice upon. Every last one of them arrived with sharper edges, more properly aligned blades, and even though the steel itself was mostly unfathomable junk they at least took an edge that didn't require a total re-profiling to accomplish.
Then again I've never been one of those fella's who has forever opened a knife box to discover that atom-slicer lurking inside, as so many of my edged-weapon brothers seem to be fortunate enough to find all the livelong day.
None of the above mentioned Kershaw's and Spyderco could slice paper on arrival. Not even close. Just my luck I suppose.