And finally, the lockback. The lock that is quite definitely the slowest to use and the only one that has ever failed on me. It's pretty much the only lock I refuse these days. I'm not too worried about the reliability, honestly, it's just that they're so much slower to open and close, coupled with their poor track record (for me) means there's no real reason to buy it. Honestly, I think the axis lock is universally superior, every time, to the lockback. I sympathize to people who grew up with lockbacks, I did too. I was weened off of them though.
The attraction for many people to the axis and compression locks is flickability. People (as did myself) like the ability to depress the lock while flicking it, which creates a lot less drag on the blade. However, with practice, you can inertia flick anything much faster than reaching for the lock. Well, minus lockbacks. They're hopeless. At this point, I make my cut during the flick and then flick it closed. And yes, with practice, you can even axis flick close a liner lock, but it's dangerous enough that I still don't recommend it. My point being, some people might outgrow what initially drew to these locks, as their flickability advantages are more like training wheels while you develope your technique.