Consistency, predictability, availability, replaceability. And "every town has a handful of local craftsmen" with virtually no reputation to speak of and could be utter flakes as far as I know. And I know you say to ignore price, but when a $20 Mora or $50 Kershaw or $90 Becker will handle every conceivable need I will have for a knife, what's the reason for me to invest 2 to 10 times as much for a custom? When I use a fixed blade, chances are I'm doing something a bit rough-and-tumble and I'm not overly concerned with the aesthetics of my blade. And no matter how willing you are to make something right, how willing are you to work with me if, instead of damaging my knife, I lose it in the woods somewhere or drop it over the side of the boat?
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That about sums it up very nicely.
The factory production knife is king when it comes to a real world using knife that can be used and even beat on, and can be replaced at the next Dick's you come to. Add in the fact the most peole really don't care about the knife, it's just a tool to the end result like field dressing that deer on opening day. Millions of sportsmen use an off the shelf Buck knife to do what they need to do, and it works fine. It has a generations old reputation for working just fine. Their daddy's used a Buck knife, so it's a known quality. So the question really comes down to it; why bother to spend the money on a custom knife is the factory production Buck knife works so well? The Buck knie is a good example of a knife with a generations old rep for good service. I bought one in 1969 and it gave me 30 years of great service from field dressing deer to cleaning a mess of trout, to camp chores. When it was worn down to a steel toothpick, my better half bought me a new one in 2000. I still use it for fishing and camping, and it works. What kind of custom can I get for the 40 dollars a new Buck 102 woodsman will run me?
And the Buck knife is just one example. Factor in how many Benchmade's, Spyderco's and other well known and respected brands have given the owners such great service, and you have to ask yourself why spend the money on a custom?