I don't find it insulting. Maybe a bit of hyperbole. I'd say gimmick more than toy. The big AO company makes a very substantial "most" of its sales from AO knives--they laugh all the way to the bank. But, just because people buy a gimmick, doesn't mean it is a good plan (take sunroofs for example!).
I have a few AO knives. They never did anything for me after the first few minutes of play time.
Or maybe I'm just old fashioned (I am a wheel gun guy!).
SPRINGS GO BAD. PERIOD. END OF STORY. I feel the same way about Autos. Most all knives have springs of some sort, but a spring that merely holds a lock in place is a lot different than a spring that throws a blade open.