Nothing wrong with Gerber, their steel, or where they're made. The primary problem has been that the poorly informed have been spreading stupid rumors about Gerber knives being produced in China... and that's not accurate.
Only some of the very least expensive Gerber knives are outsourced and made in China. I had a discussion about this very topic with a knife-maker/sharpener/machinist, because the rumors concerned me too; I've always liked Gerber. He pointed out the misinformation and even went through a Gerber catalog with me, pointing out those still made in the U.S. and those outsourced to China. I also think all or almost all of the multi-tools are U.S.A made too.
The high end knives are still made in the good ol' U.S.A.. I even saw a post in another thread that claimed that the Gator folder was China-produced. That is patently false. The Gator is made in the U.S. of 420HC steel, which is actually a pretty good steel for regular duty knives, is superior to regular 420 and 440 steels, and has a typical hardness between 56-58.
I just bought myself a new Gator II in late 2010, and it still says Made in U.S.A right on the package and Portland, Oregon U.S.A. on the blade.
Same is true of the recent version of the Mark II I also bought not too long ago. Says Made in U.S.A. and 420 HC right on the package, along with 420HC and U.S.A. on the blade.
Sometimes, when you see a knife (or any product for that matter) that you like, it's worth doing your own google-homework in addition to getting the impressions of others. Often times, folks either truly don't know what they're talking about, or they have ulterior motives... like justifying or making themselves feel better about one of their own purchases by bashing the products of other competitors.
This page has a partial list of some American-made stuff:
http://www.northamericanknives.com/page/56498202?page_83716410=0
In any event, I have some Gerber folders that are made in China, too; and they've all been plenty durable, tight, and quality made knives. They all come with a lifetime warranty, so it's hard to go wrong if you find a Gerber you really like.