Ok, Now that I've had it for a while, Here's my impressions:
Blade: The blade on this knife has a very elegant shape too it. A flat (or almost flat) clip and a dull swedge. The edge came pretty sharp, and the stonewash (my alltime favorite finish) is classy. I don't mind the inscription, It's pretty understated compared to those on certain other company's knives. The blade even has an indentation (forgot the term) at the bottom of the edge for shapening.
Handles: The handles have a very unconventional hole pattern. Seems to help grip ALOT when the knife is open. It's made from seperate peices, joined only by the pivots, spacers, and latch on one side, but it seems rigid enough. The bead blasted handles are great for grip.
Latch: I love the way this latch works. There are two radii that hold the latch in place on both handles. Meaning that it takes a concious effort un-latch this knife. Squeezing the handle too hard does not release the latch. My concern about this is that the metal could wear down and the knife could get looser. I'm no expert at titanium.
Fit/Finish: The tolerances on this knife are perfect, in every way that I can see. Everything is done with torx screws, which makes the knife repairable, adjustable, and dissassembleable (sp?). Little touches (like the non-griping side of the latch being chamfered or rounded, I can't tell witch) really make this knife shine.
Handling: This knife is so smooth, it's almost frictionless. Here's a fun game to play: Grab the safe handle, hold it horizontaly, and let the bite handle fall to the vertical, now hold the bite handle at 45 degrees from vertical, hold the blade with your other hand, and release, and watch it swing back and forth, slowly loosing energy. Mine goes for up to 10-12 seconds, while a recently lubricated FHM went only 5. Maybe someone could try this with a BM? Try this a few times, since somtimes you move your hand a little and slow it down. Not very scientific at all, but fun. The knife flips very well, and moves fast and light in the hand. The Opened balance point is somwhere between the 2nd and third oval hole from the pivot, the closed balence point is near the flat side of the big triangular holes.
Ideas for future additions/Improvements:
Well, it's perfect, but I'd also like to see a larger, 4.5-5 inch blade model. As for this model, I know a nemisis blade is on the drawing board. I'd love to see a Kris blade, maybe even some specialized blade types like serrated Sheepsfoot (for EMT bali nuts

), tanto (just cause it looks cool), and a dull training blade.
I know Mike mentioned plans for an economical version using less expensive matterials and many of the same materials. This might be just the thing to make microtech prosper. An entry level bali that isn't a POS. You could cast stainless handles and only do a few machining ops, use a 440C or less blade in a nice easy-to-grind configuration (wharncliffe of some kind?) and put some cool designs on the handle to make everyone want one. You can even call it the photon, I'll let you have that name for free

The Niche for a cheap, quality, entry level Bali still has yet to be filled to everyones satisfaction.
Also, Mike Turber has been awesome through this hole process. Beyond giving me this knife for free, he also answered all my questions, endured my nagging (is it done yet, is it done yet???), and even shipped it free. Mike is the man.