Benchmade says that the mechanism can work on just one spring, but we have just their word on that. So far I've found no cases of even one spring failing, so no one can verify that the knife worked with the other spring.
I agree with stjames about the springs being a theoretical weak spot -- but so far it seems to be just a theory.
I also had the same concern as David Rock about accidently releasing the buttons, but I still haven't come close to doing that, so it has ceased to be a concern.
The only real weak point for me is the one that SycoticSamurai brought up, that the axis lock presents some constraints on the thinness of the knife. No big deal for big knives, but for smaller knives, they end up a touch thicker than I'd like. Not enough of a concern to stop me from buying axis locks though!
Joe