I like the Tralmaster alot. Good luck finding one. However, there are a couple points/drawbacks to consider: many people, myself included, don't like the handle. It's not so much the Kraton, although I've heard it can allow moisture to get under it and rust the tang. It's the shape that bugs me... it just feels like it wants to slip out of your hand. I'm in the process of rehandling mine with a more traditional shape. The CS "Laredo" has what looks to be a better handle design, IMHO.
See also this discussion:
http://www.bladeforums.com/forums/showthread.php?t=434543
The other thing is, the false edge is not sharpened, and it's angles are kind of obtuse. If you want a true sharp clip, it will take a bit of reprofiling. I haven't convinced myself to do this yet, because I very rarely get in knife fights
Having said that, the "Carbon V" stuff is great steel and the knife is a great design. Nothing original about it, just usefulness. The balance is excellent (1" in front of the guard), it chops and slashes like mad and take a very fine edge. The black leather sheath that came with mine is also of high quality, no extras just a solid secure sheath.
I beat the living snot out of mine this summer on several camping trips and all it needed was touch-up sharpening. I highly recommend it... again, if you can find one.
P.S. raylaconico is one of the people who steered me toward the TM when I was asking similar questions. When guys who make handmade custom bowies give a production knife thumbs-up, I take it seriously.
I haven't used an SOG but I've always wondered about the hollow grind, as timpani so eloquently explained. If you want corrosion resistance, I think Cold Steel has plenty of "San Mai" Trailmasters, although I've heard that particular stainless isn't all that great.