CKF generally makes really good stuff.
I think some of their older stuff had amazing value for the price. I'm not sure if their newer stuff has the same value for the price, but they still seem to be making good stuff.
I have one of the CKF hobacks as well, the centering is a better, I hope this doesn't completely turn you off the. https://i.imgur.com/o6a2foV.jpg
4" + flippers really get me going too and that is something they excel at it seems. Those MILKs look like they were great when they were available.
I looked at the Kadat long and hard as well but the handle is a bit too artsy for me.
Yours looks great in that pic. In the brief time I had it I was surprised at how it basically WAS a Kwaiback for all intents and purposes, down to the "custom" backspacer you usually have to pay extra for. It even had 1/2 of the "custom" pivot and pivot screw set.
The sides of the blade that are inside of the knife weren't polished and there was no detent ramp but it does have a superior bearing system. All in all I consider it to be a true Hoback with just some slight differences. Just bummed I got a lemon.