I want to answer the questions/criticisms I have seen on the thread.
On leather.... We didn't cheapen the leather. Apparently different cows are different and so the last batch I bought were from stiff cows. (I pay the same, use the same supplier, etc) I just ordered a new batch we will see if some limp cows came through. I am carrying a stiff cow sheath now and have for quite some time. It functions exactly like the limper cow.
On packaging... I appreciate that some people would prefer we not include the sheath. Others love that we do. We have to make a choice, so at this time and for the foreseeable future, we do.
Further on packaging... We are working on a surprise knife that will likely have different packaging. That packaging is almost as expensive as the sheaths.
On giraffe bone... it is very expensive and imported from Africa. It is dyed and stabilized and because of its density (the most dense bone I am aware of), it takes the dye in interesting ways. I think it is beautiful.
On pricing... We work to both make a profit and to keep the price reasonable. I am proud of the latter and don't apologize for the former.

Profit is what allows us (and GEC and every other company out there) to continue to produce and bring products to market. I must be doing reasonably well on the pricing since they sell for multiples on Ebay and the secondary market.
On liking the product... Thanks. I love Northwoods and I love doing them. It is great when your passion and your career merge. I produce the knives that excite me. It thrills me that people are just as passionate about them as I am.