This always tends to confound a lot of people who are proponents of carrying larger knives tip down. I think its partly because they are assuming that how fast you can pull your knife out and open it is important to everyone. It's not. Some folks are more concerned with which way the spine is facing, which way the lanyard hole is facing, or how the knife carries in non standard carry positions. If I lived in the US I would carry a Millie in back pocket and would mount it for tip down because that works best for me in rear pocket. Where I live though, I almost never have back (or front) pockets and tip up works better for my carry method. Contrary to what some would believe, there's not a right or wrong answer here and it depends on the individual.