For emphasis, I will echo what others have said about both knives.
I own both the Skookum and the H-1. There is NOTHING similar about the two in design, dimensions, materials, intended use, or the way they work in the hand. Apples and oranges.
Though I like the F-1 & S-1 (I have several other Fallknivens...mostly gifts), the handles are too narrow for my larger hand. The handle on my H-1 is a slight improvement on the F-1 (for my hand), however the blade is much too thick to serve my purposes. I have used the H-1 in the ranch butcher shop, and for utility work around the cattle ranch - just to get a feel for possible use on the hunt and in camp - however the thick blade doesn't begin to compete with several of my other knives doing skinning or general camp chores. If I had to choose a Fallkniven, of the several I have, for general outdoor use, it would be the F-1. The S-1 would be a close second.
All who have used my Skookum have found it to be extremely comfortable, thin enough blade to excel at wood working or carving, good practical dimensions for all-around camp and field work. In my opinion, the Skookum is worth every nickel. And, as far as the waiting list goes (very reasonable IMO); there is a good reason why there is one! Rod doesn't cookie cutter these things out the door. The time, patience, and quality shows throughout the Skookum.