I hate to raise a dissenting voice here, but...
I just posted a few comments about the Kris Cutlery katanas on the general forum in the thread there about the proposed HI katana. I concluded by saying -
"Greatly as I admire HI products (and the quality of the HI pieces I own is exceptional) I would be inclined to doubt whether they'll be able to make a significantly better katana than KC, let alone one that represents such value for money.
Personally, I'd prefer not to see HI and KC, my two favorite cutlers, competing directly for the katana market. I feel that HI should continue to develope its world-beating range of khukuris, and maybe expand into the sword market by offering items that complement, rarher than compete with, the KC range; eg traditional Nepalese and Indian styles such as the tulwar, the katar; maybe even one day the 'ultimate sword', the Persian yataghan. Further or in the alternative, I'm sure that HI could profitably turn its attention to producing more high-range khukuris in the spirit of their exquisite new kothimoda."
This is, of course, meant to be my personal opinion and nothing more; it's not my place to suggest how Bill runs his business, or how you guys spend your money. From what I've seen in this thread, the HI katana is a lovely-looking sword and I have no doubt it'll be vastly superior to the Paul Chen junk that the major resellers are marketing.
Consider, however, that Kris Cutlery have for some time been quietly marketing some extremely fine basic, practical katanas, and haven't really been able to take much in the way of market share away from either Chen or the purveyors of shiny stainless-steel trash; I have misgivings about HI's chances of doing so, in a market where advertising hype counts for rather more than actual quality, and where HI would be up against the formidable marketing resources of the big Spanish and Indian factories whose products, though frequently downright shoddy, dominate the US sword trade.
In other words, I wouldn't like to see HI getting burned by trying to compete in a market that's already overcrowded, and where at least one competitor is already filling the slot that HI is aiming at - the honest, value-for-money working blade.
When you're the best in the world at something (eg making khuks), doesn't it make sense to stick with what you excel at?