I just stumbled onto a link for this thread, and haven't been in the Spyderco s/f for awhile. I'm not going to spend the time to read all of the posts, and whining, but I think it's a nice looking knife...
S30V steel ? Why not ? A small hole in the blade ? Why not ? Granted it is not something one would see on other Pukko's, but it is a Spyderco, and most people associate the hole with Spydercos... Look at Spyderco knives in general. IMHO a lot of their designs are, well lets just say they are very different.
I have owned a few, and have been very happy with them, but there are quite a few that make me say WTF ? That said, I give them a lot of credit for thinking outside the box, and on top of that, they are a great company.
So, IMHO that is what they did with this knife. Thought a little outside the box, and gave the knife a feature that will tell people, it's a Spyderco.
I think it's a great looking knife, and wouldn't mind owning one, even with S30V steel, and a hole in the blade. I don't want one bad enough to pay over 200 for it, but as time goes on, and some used ones hit the market, I would probably grab one. YMMV