Hi Chains. Actually, we had no plans to do so, but Carlos posted a thread on the balisong forum about a year or so ago. He asked if the "balisong aficianados" would support a Spyderco balisong. The results were unusually positive, so we began a design.
Spyderco R&D is normally working on 10 to 20 projects at any given time, so progress is often slow on a particular model.
There are many balisongs on the market. Most are quite similar. (I've seen some Fred Perrin designs and a new Laci Zsabo design that were quite original). The market doesn't really need another "look alike" version of the traditional butterfly.
This would be new market for Spyderco so there is a learning curve. We do have a pattern that we are pleased with. (I am playing with it as "we speak"). We've spoken with knowledgable balisong people, shown a few protos at shows. If we can get to "play" with and refine interesting new concepts that are effective refinements....?
I can say that we've refined a number of protos.
Current plan is to introduce one model and then begin the "feedback" dialogue with the balisong ELUs to see if there is a market that we can serve and please. If the feedback takes us to exciting new models, then we'd be happy to continue and develop the concept. Lord knows the market has certainly moved into our concepts.
The current pattern of the "SpyderFly" does not lend itself to a traditional lock. We're not pleased with lock designs to date. The question has come up whether to introduce the first model latchless, or wait until we have something we're happy with. Do you have an opinion? I thought about asking that question on the balisong forum...maybe they'll visit here?
sal