The BladeForums.com 2024 Traditional Knife is available! Price is $250 ea (shipped within CONUS).
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M4 is the new 'must have' steel. It's good, but not my first choice for a folder. It is not stainless so it must be coated. Pivots receive a lot of wear and coatings wear off in that area. Most guys will never use their M4 folders in any kind of inclement conditions anyway so it probably doesn't matter to them. I have never seen an M2 Ritter that was used. Most of these sat in safes. The bulk of the M4's will likely meet the same fate.
M4 is better suited to a fixed blades.
Of course, INFI and 3V is better suited to large blades, and yet people still buy little 2.5" blades made with the stuff, when a good stainless like S30V would exhibit better performance overall in that size.
Benchmade is awesome. I can't wait for announcements. They recently started working with Shane Sibert. He makes awesome looking knives with frame-locks. I would love see some of his stuff in production.
Check out his website:
http://www.sibertknives.com/index.htm