It looks way better than the NL1 Thor of the same length, since the handle doesn't look slippery, having a much grippier finger groove and a better handle flare. The blade design is also far superior, being much broader. Kraton is a huge step forward from the dangerous leather washer design (the 8" Odin was the only knife I owned I was worried to handle: You could feel there was literally nothing to hang on to).
I would never think of getting the Thor after seeing this one. 10" is a bit short to compete with Busse, but the edge grind will be much thinner OOB. The blade width is a large improvement over the Thor/Trailmaster designs, and the handle even more so.
Most of what is offered in this category is carbon steel, so there isn't much else made in stainless and of high quality in that style... Not cheap, but nothing from Japan ever is, and factory made from Japan is about as desirable as it gets. Around Randall prices, but Randalls in that size are not stainless, and certainly rougher in finish.
Gaston