I have one. it's very good, although heresy to state so in this forum.
i got one of the first run i think. had never seen that Taylor Schrade before. opening bid was $0.01, so i bid. but nobody else did. then the seller got me for $19.99 shipping.
many of the knives coming out of China now (2010) are of very high quality, but that does not apply to the China Schrade folders. The Fixed Blades are much better
My China BT01 is a well made, balanced, strong, sharp knife.
Of the USA marked ones i have 2 Schrade+ XT1B
and a Schrade/Imperial M-7S Survival Knife with box, sheath, fire starter, saw and compass.
the other China Schrade i have is an XT2B.
The China BT01 is the "most knife" and best of the bunch.
The XTBs all have the same ballistic nylon sheath, made in China, even with the USA marked knives.
i wonder if these XT survival type knives weren't imported right from the beginning, (i.e. well pre 2004)
hopefully a more 'senior' member may be able to answer this.
i think i have more of these somewhere in the "pile of 4000".
roland