It's big knife. No hole, no nick; the thumb stud is my add on. No problem just pinching the blade to extract; you got plenty of steel to grab! That's about 3 7/8" of cutting edge. Next to my Endura for scale: The liners are full and not skeletonized. It's for me, nice and hefty. Typical SAK fit and finish which is to say excellent. No idea what the steel is; not too worried if it's anything like a regular SAK then it should be easy to sharpen to hair splitting. Did I say this knife is big? I like the extra bit the lanyard 'ring' gives; skull crusher? Great clip, a bit on the long side. I believe you can move it to the other side, at least that's what I think the directions were for. Notice the for me, the thumb stud mounts right on the logos. 2021 is the limited edition part I think. My first large SAK and I think it was worth every penny. Blade and knife are solid and have some heft. Alox scales are pretty and offer a comfortable grip. Again, typical Victorinox feel, not like a SAK but more like my Swisstool Spirit X. Borderline boat anchor. Comes with a nice long braided orange lanyard if you're into that kind of thing. I don't mess too much with knives in this price point, but compared to ones I do have, this is a winner. I admit, as soon as I saw it was orange, I jumped on it. If you are into Alox knives, I'd say get one while you can. Add the thumb stud and you're good to go!