Received mine today, must have been one of the last ones Jeff had as he's now only taking backorders. First impression was WOW!
Love the overall look. The blade shape is very interesting and eye catching. As far as cutting goes I think it will do well at least based on the way it sliced open my croissant at lunch. Love the carbon fiber scales and SS bolsters. The ergonomics are very good. It fits my hand well in every position. The blade is perfectly centered and has a nice uniform edge that is the usual degree of out of the box sharpness that I've come to expect from Spyderco.
Cons so far are pretty much limited to the thiness of the liner lock. It functions fine and I'm sure will hold up to what ever demands I put on it but it is rather thin, IMO. As far as the racheting noise goes I don't consider it a pro or con, it just is. Doesn't bother me or excite me. As far as the action of the knife goes it opens smoothly and locks positively at around 50%.
Overall I'm quite pleased with my new, fairly unique addition to my Spyderco collection.