i have had 4 starmates (3 combo edge and one PE) and while they are "ok" i wouldnt pay some crazy premium for one, i can think of a lot of knives i would rather have.
the lock always looked "wimpy" to me, no liner and all, never had probs though, also dont like tip down knives, also i never could inertia open the things very consistantly, one of the few knives i cant FWIW, but all in all for the dollar i paid at the time (IIRC $100 or so) they were "ok" now ya start talking $150 and up for one?? no way.
also FWIW with the proper stones and technique the starmate isnt hard to sharpen at all.
several yrs ago i had a real bob T starmate now that was something, wish i still had that one but i swapped it for something or another.
also swapped all the spyderco starmates, got my $100 back out of them but if i would have known what they were gonna go for in a few yrs i woulda kept them,
but now, in '07 there are a lot of better knives around, and cheaper too, ie spyderco Ti and SS ATR, emerson CQC12/'13/8, BM rukus and skirmish and axis AFCK, etc etc et al.