Well, the Spyderco is selling for $189 and this knife sells for £250 which according to xe.com today equals $407.
When people talk about "factory made," I often wonder if they have ever even been in a knife factory and seen how knives are made. In many, the process is not much different than a professional shop, i.e., they are often "handmade." Sebenzas, for instance, are factory made and their quality is next to none. And as for the individual "handmade knife" that varies from the garage hobbyist who does his heat treat with a blowtorch to someone like Ed Fowler who pounds his own steel and heat treats in an oven. Ya pays yer money and ya takes yer chances.
Given the current pricing, I could buy two spydies for the price of this one and still have money left over to buy some Ray Mears underwear. And no waiting. Now if all you want is a thick-bladed full tang scandi that will sit in your drawer in the hopes that the price will rise so you can make some money on the deal 5 years from now, good luck! Spydie knives hold their prices well too and I'm guessing this knife might also turn into a collector's piece. I have several Spydie folders that sell on ebay for twice what I paid for them so it's not like Spyderco makes junk. Far from it. Spycerco standards are some of the highest in the industry. And as for the Spydie bushcraft knife being a ripoff, I don't see it. Chris's design is far more original than most of the "handmade" clones I have seen over the years posted on this board which look like cookie cuts of the woodlore. At the very least, I applaud Spyderco for going with 1/8" stock.