I think there are 2 issues here.
The first is the differences between various lock designs. IMO, vertical blade play is inherent to the lock back design to a large extent. It is possible to make a lock back with no vertical play but you have to get a lot of things right and hard cutting use will generally cause wear and tear that will produce play. Lockbacks from every manufacturer I've owned have various amounts of vertical play. For a hunting knife where you aren't really stressing the blade with high cutting forces, I think it's not a functional problem. For working with wood where you frequently generate a lot of opening pressure? I no longer use lock back of any brand for that type of work.
The second issue is whether or not current Bucks in general have more of a problem with vertical play compared to, say, the Bucks from the 70s and 80s. The issue of blade play has been raised and discussed on this forum a lot with respect to a wide range of models, including the 110/112 line, the Bucklite Max line, the Ecolite line and so on. One possible common thread is the move to fine blanking, by which the 420HC blades and lockbars are stamp cut, which produces a small amount of deformation along the edge of the parts. That is, they might not fit as well. This production move helps keep costs reasonable. I don't know if this is the core of the issue with the Spitfire/Slimline or if there are other issues with the pivots or screwed construction.
Bottom line, I think expecting rock solid lock up from a lockback costing less than $50 is too much. Each lock type has pros and cons so choose the lock type that fits your needs the best.
I'm carrying a script 500 today. No vertical play in it.