Well, I finally got my 1077 yesterday! First impressions are, it's bigger than I had imagined (yeah, I know, the dimensions were published long ago, but that's not the same as holding it in your hand) The edge is good. Not razor sharp, but a good working edge. The handle feels good, The sheath leaves something to be desired. It doesn't "grip the blade, so, if it isn't strapped in at all times, the knife could easily fall out. The3 sheath can be carried at two levels, either too high and too low for my taste, but I can easily fix that. The blade itself isn't as thick as I would have preferred (about 1/ inch) but it isn't as thin as a machete, either, About 3/16 inch, a fairly good compromise.
I haven't cut anything with it yet, but I'll get to it this weekend.
So far, I have to say that it was worth the wait, and the price makes it a good working tool, not just something to store away and keep "nice,"