I went to the store tonight to get it and there were three others buying the same knife (model# 4UH). I got the last one before they sold out.
My overall initial impressions are very good. Fit and finish is great, little to no blade play, no blade rub, good walk and decent talk, no gaps, even grinds and shaving sharp hone on all four blades. The only real negative is that the springs are a little lighter than I prefer, but it does not inhibit function. The springs line up with all four blade spines perfectly, which was a pleasing surprise.
You can say what you want about the China Schrade's, but in my estimation they are quite good; especially for the price. They are most certainly not the crap China knives of the past. They also seem to be very good sellers as there were many people buying the various patterns.
Now I just have to use it extensively to see how good the steel and heat treat are.