I have been using Rapala knives for 50 years. They are as good if not better than some of the expensive German filet knives I own but rarely use. I bought two of them, this model and another "Falcon 4". No difference except handle configuration. I think I like that better, especially with wet hands. My original wooden handle Rapalas are still in use and the blades are made in Finland. I don't think the quality of the steel is worse on new (Chinese) knives. Rapala knives are known for their quality and if the new blades were inferior to the old ones I don't think Rapala would let them escape. I'm strict with them too. I only use them for skinning and boning deer. I have a rapala, I sharpened and did not sharpen the tip of a round shape, mainly so as not to tear off the skin and tear off the fingers, which usually happens 1-2 times per deer. These suction cups are sharp. It's very easy to turn around if you're not careful. The sharpener widget that comes with this knife seems to work well. I've been using a flat diamond sharpener for years and it seems to work just as well.
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