it is a very good workhorse knife. I have used one for the past 3 years. click the link in my sig or search here. I did an ongoing review of my first one before I lost it overboard setting lobster traps. Spyderco sent me another one. The serrations are by far the most user friendly that spyderco has ever put out.
Pete, where were you 3 weeks ago when I was debating this purchase???

Thanks for the good review

It looks like you are involved daily in exactly the situations where you can know in a short time whether a blade will be "great" or "chum". I appreciate the insight.
Also, thanks for the explanation on the Rescue serrations' profile. I am far from an expert on serrations, since I have avoided them most of my life.
P.S. I used to live in Boston for a few years. I miss it!!
It depends on how much of an emergency situation you're talking about. If you're cutting a dolphin free, that's one thing; if you're cutting a person free, that's another. People don't last long when they're caught in rope in deep water. I remember an old knife ad that included a note by an oil rig worker who was caught in rope and had to cut his way free using a locking folding knife with no serrations. The writer said that now his buddies all wanted the same knife.
Before using serrations, you should try cutting the type rope to ensure it cuts quickly and cleanly. Some nylon nautical ropes tend to snag on serrations unless you double the cord and cut upwards. The whole Spyderco Cara Cara line is normally rugged and dependable. Not sure I would get the blunt ended model as you never know when you'll need a point.
That's the thing about emergencies. I don't know what they will be or when

Giving it a good test on some material is definitely a good idea though. I should put a lanyard on it and get comfortable grabbing it from its carry position and deploying it too. The first step is having a good tool though - I'm not training to be a Navy SEAL.
Honestly, I don't put myself into emergency situations often. I don't know what I might need to cut. I do know that, if ever in that situation, I want something with a good, long, aggressive blade which will cut/rip/tear/free-up whatever is causing the threat. Seatbelt, cord, rope, webbing, strapping, dock-lines or whatever I can reasonably prepare for. I used it yesterday for de-pitting an avocado. It worked perfectly, the first time; no lives were threatened! Hopefully, that is the most traumatic situation it ever needs to be used in
Here are some situations where the knife could be put into good, quick use, from my experience...
-I was in a boat, towing my brother on a knee-board. He was young at the time. He fell and let go of the tow rope, but he could not get free from the strap holding him onto the knee-board. The board was floating with him underneath, struggling to stay above the water. My dad was quick to dive in and get the strap off him.
-I was towing a skier, who fell in a very awkward position, face-forward. The skeg/fin of the water ski came up behind him and put a deep cut into the top of his head. If this had been worse, or different, it might have required getting him out of the life vest quickly by cutting the straps.
-There was a storm coming and we had a relatively light weight aluminum boat tied to the windward side of the dock. The waves picked up and the strong wind caught the side of the boat as it was high on a wave and flipped the boat up and into the dock pylons. In that position, the weight of the boat was preventing it from being freed, because it was resting on the lines that were tying it to the dock (and the lines were being pushed down to the water line). It took a lot of work to keep the windward side of the boat down on the water, as we untied the boat to move it into a better location. Cutting it free would have been much faster and probably safer, rather than fighting to untie ropes between a dock and a boat, as the waves moved everything up and down.
...Those are just some examples. I'm not living in a fantasy world - um, not as far as being able to put a good knife to use, at least
