Let's see: 4-3/4" ATS-34 drop point blade, good ergonomics, functional sheath. Looks to me it would make a fine hunting/outdoors knife.
Hollow grinds tend to have thinner profile behind the edge, which helps slicing ability. Some people feel that on deeper cuts in heavy material, when you get past the hollow portion the blade tends to bind in the cut because of the relatively abrupt transition to the thicker spine. A flat grind has a more gradually thickening of the blade as you approach the spine so it should tend to bind less.
Most of the time, I don't find a hollow grind to be any disadvantage, though I would tend to favor a flat grind if given a choice.
The 888 might perform better as a hunter with a flat grind, but I wouldn't really be concerned about it. It should handle those duties quite well as-is IMO. Hope this helps.