The Spydie hole is a trademarked design and functional feature of most Spyderco knives.
Fixed and autos don't need it, even though some fixed blades still have one as do the 2 autos -- the Citadel and Embassy. Most balis don't have the hole either but the old Janisong does and the new SmallFly will too.
Simply put . . . If you don't like it, don't buy it.
There are other knives w/different types of opening mechanisms available for folders but none as effective or elegant in design and simplicity as the Spydie hole.
As the owner of SEVEN Glocks, I agree w/the comment above. It may be "ugly" but it is "bet on your life" RELIABLE and I'll stand by my Spydercos the way I do with my Glocks.
A Glock 17 was issued to me when I 1st became a LEO in 1996. It was the first time that I ever knew anything about Glocks. I still own that Glock and it is my primary carry weapon despite it being 25 years old and despite my owning various 1911s and HKs that I could also carry.
Is there any other handgun other than a Glock that you know of that you can disassemble and repair BLINDFOLDED w/only a punch?
Don't get me wrong, I love my SWs, Colts, HK and various other rare and exotic guns that I down but none of them compare w/my Glocks for simplicity and reliability.
The same applies to my Spydercos.
A Spyderco Endura was the 1st knife of any value that I ever bought in the early 90's. I still own that knife and have since collected many others; over 130 Spyderos and over 200 "others."
Say what you will about Glocks and Spydercos.
They are the among (if not, THE) BEST made equipment made w/in their industries. You could do a lot -- REALLY A LOT -- worse buying anything else.
I like variety in what I use and collect but my "go to" weapons will always be a Glock handgun and Spyderco knife.