Guyon,
I got the Schatt and the large Eye Brand Stag carbon steel at the same time.
The Eye Brand was faultless to my eye, did not see any minor or major imperfections at all. Perhaps, Ron vets through all his knives.
I have 2 Eye Brands, one SS stag stockman and the large stag carbon steel and I think the caveat on the Eye Brand knives is quite uncalled for.
Nothing wrong with the Schatt either and it is a nice knife. The fault may well be mine, in that I was expecting too much. It was my first Schatt, Schatt being the best that Queen Cutlery can offer.
Although I fully expected to pay a premium for the ATS34 and also the fact that it was made in 1998, I thought that for the much higher price as compared to the Eye Brand, the Schatt would be just much more exceptional.
Walk and talk is good, fit is good but the finish is not quite there. I am afraid that I am not able to answer your query and to pinpoint exactly any faults of this knife.
This is one of the reasons why I did not send it back to Ron as I did not think that there was any major flaw in my knife. The other reason is that I had gotten my regular dealer in the US to get it from Ron and then send it to me. So, it was some time before the knife got into my hands.
The following thread may be of interest to you, the Schatt referred to is the one that we are talking about now
http://www.bladeforums.com/forums/showthread.php?t=366276&highlight=Unfinished+tangs.
All in all, it is a good, nice knife but not an exceptional one. It is my most expensive stockman but I would hesitate to say that it is my best. Apart from the blade steel, I would say that my large Case CV in amber bone gives the Schatt a good run for its money and maybe even some more.
I would be most interested to have your opinion. Like I said, maybe my expectations were just too unrealistically high.