IIRC the LSTs are still made here. But the overall low quality, mystery steels, poor fit and finish, association with urine drinker Bear Grylls (he had to have been in the special needs division of the SAS), and--for me--the fetish about making damn near every one of their knives serrated kills them. There are Moras, Hultafors, Bucks, Byrds, and Kershaws that are vastly better and cost less. From what I've heard the Sanrenmus and Ganzos are also vastly better and cheaper, but I can't say that from my own experience. IMO, CRKT is right down there with Gerber.
I've had a couple Gerbers. Yes, even the Sanrenmus and Ganzo knives have been far superior. I recommend them to anyone looking for a cheap, but decent beater knife. Gerber...not so much.