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The biggest issue with blems are the no warranty.
I would thing resale/trade value would take a big hit.
I bought one of Dave's composite Leek blems a while back and it arrived without even having the X's on the blade. Darned if I can find anything on it rating it as a blem. I ordered a composite Rake from him today, and I seriously doubt if I find a blem on it either! Kershawguy rocks!
A lot of guys aren't going to agree with this, but when it comes to Kershaw's blems I would take any of them at the reduced price over a BNIB one for more. That's just me, but I buy my Kershaws to use and the blems cut just as well as the BNIB versions.