Just like to add that in any comparison such as this it is important to keep the proper perspective.
I hesitate to think of any knife as a 'pos' if it is reasonably made and fits a particular segment of the community.
As stated above the flea market specials are obviously junk pos's that should be avoided at all cost.
On the other hand, for someone looking for a decent knife to handle the everyday chores of opening packages and sharpening pencils etc. there is, I believe, alot of 'bang for the buck' in the so-called lower end of the spectrum. These would be the $30 and under knives made by such companies as Case, Gerber, Kershaw, Buck, Schrade, Victorinox\SAK, heck even Syperco or Benchmade Ascents series. No one should feel embarrassed to carry or own one of these. They do serve the lower income segment (like me!) and fit the practical daily carry needs of our community quite well. And they offer enough diversity to keep younger or less econmomically endowed individuals interested.
When one does get to the point of being able to afford the higher end production models, or even the lower end customs it seems that a bit of snobbery starts to set in. I believe this is unfortunate and does not add to the spirit we all should share in our admiration of mans oldest tool. I think we should be objective in our assessment of peoples needs and station in life before we deem a particular knife a POS. We can all appreciate a fine Benchmade or a Busse. Not all of us however can afford one. Let us not however succomb to making someone feel ill-equipped or embarressed if their current EDC is a lowly SAK Soldier or a good old Schrade Trapper pattern slipjoint.
Most of the higher end pieces I currently own will never be pushed anywhere near the point they were designed for. I am not an LEO or a soldier, but I happen to like the tactical style of knife so that's what I have. But I don't look down on the man (or woman) next to me who carries a $15 Old Timer if that happens to meet their needs. In fact there is something inherently enjoyable in seeing these 'old faithfulls' being carried.
In the end as pointed out above, we can all get to the grocery store in a Yugo, and that's OK. Some of us are fortunate enough to get there in a Ferrari, and that's OK too.
Mongrel