I love the Ratchet. I am a huge cleaver fan, and looked at the Ratchet as a smaller clever, so I have a somewhat different perspective than others.
The steel and Res c handle worked great for me.
I was not crazy about the performance(handshock on osage orange and lack of weight) since I get better results with a Ratweiler being batonned through my cut of wood.
Many people need a smaller, lighter, and more sheeple friendly package, however. Those are areas where the Ratchet shines.
The design also lends itself to use as an Ulu style blade very easily.
I feel the tan on tan is worth $150 shipped, but that is an opinion some will agree with, and some will not.
They will bring that on the market with time.
Good luck.