Why Use the phenolic handle? does it have some magic properties, is it used because it is traditional, or because it is inexpensive? It looks a bit slippery, I have seen a few cracked handles, but truly, It has been around so long I seem to not be appreciating something about them. The first Fixed blade knife I bought myself was a buck, back in the mid seventies, although I do not recall the model. I think it was called the "fisherman' model, but have not really looked it up. It had the phenolic handle, and I remember I was very happy with it for a couple of years before a relative sold it in a garage sale because she felt boys should not have knives.