I received the S&M Barlow #69 w/ ATS-34 sheepsfoot blade and although a nice knife, I was not overly pleased. I purchased the knife in new condition from a well-known knife vendor. The price was decent and the shipping was fast. Additionally, I received a hand-signed note of thanks from the owner, which was a nice touch. Its nice seeing business owners taking a personal interest in their customers.
Now to the knife. The S&M F&F was good, but definitely a step below GEC quality. The blade was centered well, with no visible gaps, the Winterbottom bone was good and and well matched as far as pattern was concerned, but faint saw marks were visible on the flats - definitely not as nice as the GEC variety of Winterbottom bone. There was no blade play when the blade was open. Walk-and-talk was ok, but not great. The half-stop was positive and the blade shape was good as well as sharp. The knife was a bit smaller than I expected, but it was slimmer than I expected as well, which was nice since I appreciate slim folders. The knife rode unobtrusively in my pocket, but did not carry as unobtrusively as an IRJ. The knife would definitely be suitable for EDC. The S&M initials on the bolster were nicely done as well. What I didn't like about the knife and the reasons I returned it are as follows: The pull was very light - lighter even than my Case Mini Copperlock, which I consider light indeed, 2) the Keystone shield was not properly centered, 3) the spinner was run into the bone when the pins were domed (as noted by others), 4) there was what I consider excessive blade play at half-stop, 5) one of the scales was noticeably thicker than the other and had the faint saw marks on the flats of the Winterbottom bone as mentioned above. For the price, I realize one cannot expect much more, but I expected better from S&M. On a scale of 1-10, I would rate the S&M #69 a 7. Overall, I would say the S&M #69 is a quality made knife, but after owing several GEC knives over the last several years, I have been spoiled with great quality and the S&M #69 simply does not match GEC's incredible quality.