To add to what has already been said about liner locks, the reason that I choose to make them over lock back models is because:
-If a lock back model folder fails, it fails all at once, often with catastrophic results (the user generally get hurt badly)
-If a liner lock fails, it usually fails slowly, with ample warning that something is not right, consequently, there are usually no personal injuries involved.
-Framelocks actually tend to be a weaker design than a liner lock. Where as a liner lock has more or less a built in safety to ensure the lock bar does not travel too far either way, the Frame lock has no such feature. When it comes to failures in the lock, the same can be said of Frame Locks that I described with Lock Back folders.
As far as ease of construction, it is true that there are fewer parts to build than with a lock back, or some other designs. But, there are also fewer parts to wear and fail. The liner lock has proven itself to be a safe, durable mechanism, with excellent longevity. Just because its not the "newest" or the most technical, doesn't mean its not a good design. Most makers who have been at it for a while look beyond the ease of construction, and seek to offer something that is proven and reliable....which the liner lock has done.
My answer to the question of Thumb stud= stress riser....
-If your in a situation where you even have to worry about the thumb stud causing a stress riser (failure) in a blade, then your using the knife for something far beyond it's intended purpose.