Buck is still one of my favorite companies after 20 + years. I like their pocketknives, especially the 700 series (birchwood handles, extremely solid), and the 500 series (drop point, slim lockbacks, birchwood handles). The fit and finish on mine are near perfect, and they cut like crazy.
I got my 110 for $32 (actually 29.99 plus tx) at Sports Authority. That is a steal. Lots of people complain about the Buck 420HC steel being "crappy," but it does work very well. I still remember back when there was only "carbon steel" and "stainless steel" in knives. Buck's 420HC of today may not be BG-42 or such, but back in the day, it would pass for a very high-performance steel. As mentioned in a previous post, people have existed and survived with knives since well before the "steel revolution" of the 1990s, with steel in their knives most of us would say is "crap." I personally like the performance of Buck's steel, and don't mind the occasional resharpening of it either. All steel needs resharpening sometime anyway.
I believe Buck is world-famous, BUT is not number one worldwide...that would be the Swiss Army knife, esp. the Victorinox brand. (in Asia I saw SAKs on sale, but NO Bucks where I went). But the fact that some of us here can call Buck a "mid-level manufacturer" shows how lucky we are cutlery-wise. In many countries all they have available locally ARE crappy knives made in Pakistan or China if they're lucky.
That said, Buck is still near the top of the heap in this land of upscale knife manufacturers, and certainly the one that really popularized the locking folder for all time.
Jim