It is a very cute and handy knife. You will fall in love with it. I have had mine (in ATS-34) for about ten years and use it constantly. Its 1 3/4 blade is a little too thick (not tapered well enough) for my taste, but (because of this) is very sturdy for a knife of its size. (I even threw it on occasion. Sorry, A.G..)
What sets it apart is its thumb bolt sheath and its handiness: pushing the bolt with your thumb will spring (literally) the blade to instant action. It gives very pleasing sensation. You can either wear it around your neck or clip it on your clothes unobtrusively, and it will stay with you wherever you go. It is an ideal knife for opening mails and boxes, cleaning nails, and sharpening pencils.
A few cons: its thick blade requires reprofiling of blade geometry to give it a hair-popping edge (since the blade is small, it is not a big deal). Its point is not too pointy enough to pick splinters. I would love to see A.G. making it in a thinly tapered blade a la Deer Hunter and Bird & Trout (neither of which I have, but the catalog description indicates it as such). If he does this, I promise I will not throw it.
P.S. I just read Gene's comment after writing the above. The newer one that he has may have a thinner ground blade than mine.