I just became aware of the Utilitac through the other thread, never paid any attention to it.
I don't get it. However good it may be, just within the "II" models looks like we've got two very different handle shapes, and two significantly different blade shapes, with several variations on each. How is it even possible to consider this or discuss it as a single knife model? You can easily have two "Utilitac II" knives next to each other that have different blades AND handles. It's like you can mix-and-match parts from two different models.. but that doesn't really make them one.
Just my preference... without really knowing anything about the knife, there are a lot of options I see that I don't care for. One of the two handle-designs, which seems to be referred to as the "grooved" one, is a skinny-tail thing that makes the knife look unbalanced toward the blade and generally looks less functional and comfortable. Can't hold it to be sure, but for the moment I'll rule that out. I dislike dark/coated blades, so that rules out half or more of the options. I dislike serrations except for a few specialized knives, now 80 percent of them are gone. I'm not crazy about tanto points, but the other blade makes a critical design mistake IMHO, it has a SLIGHTLY recurved edge, just enough so that it looks like it can't be sharpened effectively on a flat surface (which is how 90% of the world sharpens things) but not enough to provide any real benefit (if recurves ever do in a knife smaller than a kukri, very debatable). For me that's a completely unnecessary sacrifice just for a little cosmetic appeal and a major drawback.
So, I'm left with the larger-handled, bright-blade tanto version with no serrations, the 8912, which of course seems to be the rarest of combinations and the cheapest I see it for is over $40.
I don't mind a tactical knife as a weapon, but people seem to react more strongly to aggressive-looking tanto blades. Not a huge deal, but in some circumstances that may make me more reluctant to use it as a tool. After reading and considering I've come full-circle, this may be a great knife for some but probably isn't one I'd consider unless I found a real "deal" on one. YMMV.