I just received my new Cold Steel Tokyo spike. Atlanta Cutlery (and UPS) got it to me in less than a week. It is a VERY strong knife, thicker than imagined. It should be very strong and could easily penetrate a 55 gal. drum ... or bone. It comes razor-sharp and the unique spine section is also very sharp, 'tho at a different angle than the cutting edge. The handle is wrapped with a rough textured cord but shows NO tendency to unwrap. You can grip it securely, and it actually gets more "grip-able" when wet - I tried. The only thing that takes getting used to is retracting the knife from the Grip-Ex sheath. The sheath locks the knife in place when sheathed and will hold totally securely upside down, but it's not quick to draw the knife, due to the locking feature. Having said that, by experimenting with various techniques to withdraw the spike, I have gotten much faster. I'm sure that with more practice it can be done even faster. Practice makes perfect! I haven't tried to throw it yet, but the balance seems to be excellent and will no doubt throw easily and accurately.
Pros: Razor sharp
Sheath protects blade perfectly & allows for different types of carry
Good grip surface
Balance & weight - Excellent
Price - Great value for typical Cold Steel EXCELLENT quality