I always thought this would be a great knife, but see very little written about it.....for instance the lack of response to your post. Possibly, the ones who have one are out using it!
If you look at this CR knife, which I believe came out first, it is much like the Ka-Bar Warthog. The UBEJANE weighs 11.5 oz. per
www.chrisreeve.com and the Warthog weighs 15.6 oz., per an A. G. Russell Christmas 2001 catalog, which makes this comparison easy.

I came back to edit this and add a link to an online version of what I was referring to:
http://www.agrknives.com/ka-bar/ka1247.html
Jeff Randall praised the usefulness of the Warthog in a June 1999 Knives Illustrated article, which is reprinted on his site, here,
http://www.jungletraining.com/jungle7.htm This might give you some idea of the usefulness of the Ubejane which has a similar shape and grind. The main differenc in appearance is that the CR knive has a different curve along the top and no guard at the top to get in the way. I prefer the Ubejane for what I feel is a more ergomic shape, the hollow handle, and the high quality of my only one piece CR knife, the Shadow III.
The Ubejane sheath looks like it would have good retention, something my Shadow III does not. The Ka-bar sheath, is not as attractive and appears to be a sturdy plastic/nylon combination. The Warthog sheath, although it may be jungle resistant, does not appear to be Kydex/Concealex, so it might not be as convenient as one would have to use the strap for retention. The Ubejane sheath, being leather, might not be as jungle resistant, but it has the same nylon stud used on the Project I sheath, and that would provide for convenient retention, with the strap being available for backup, when knife use is not planned. Although I read or heard of one person who did not like the stud setup, everyone else including someone I know who had gotten a lot of use from it, likes it.
The above is based on my reading, discussions, and the mentioned catalog/site comparisons. Unfortunately, I cannot offer reports of first hand experiences. Since no one else offered anything, at all, in the way of commentary, I figured I may as well put in my comments. Further, I believe Jeff Randall's comments are probably a good indicator, for the Ubejane. Lastly, the A. G. Russell catalog, considers the Ka-Bar Warthog a : "civialn version for the deer camp." Perhaps as a last aside I should mention that the Warthog is 1095 steel at 57-59 Rc, with an black epoxy powder coating, and the Ubejane is made from a solid billet of A2 tool steel, 55-57 RC, with a Kalgard coating.
Hope this helps. If I win the lottery or otherwise have sudden fortune, I'll add some personal observations
