I haven't looked at Cold Steel in years. They used to have a very good competitive upscale Carbon V product line that competed well with the likes of Al Mar, Gerber, Blackjack, and SOG, and were a definite notch above the more commercial brands like Buck (excluding their customs department), Kershaw, Western, Case (Coleman years), and Sharade. But, they have since taken a real dive for the bottom and have pumped the market full of junk knives.
20 years ago Cold Steel was among the top tier of production knives; at that point Randall, Chris Reeves, Busse were all considered custom knife makers. That latter group has since come to dominate the high end production market and other makers like Buck and Camillus have gotten much better. Cold Steel for its' part has drowned in its own rethoric, it has lost its focus, and has now been relegated to flea market stands. They are still making a few good knives, but the brand has turned into a train wreck.
n2s