Ordered it last week directly from Victorinox and got it today, this is the plain edged version in red. Even though it's described as a liner lock, you close it like a Compression lock and the overall action is more like a slipjoint. The opening action is smooth with an audible click, closing you can feel a little stop (Pic #1) and spine whacks didn't do anything even though it's a very thin liner. I can't inertia or Spyderdrop the opening just yet, the blade is typical Victorinox and the blade flexes easily 5 degrees laterally. I hope Victorinox puts out the PE in the same colors as they do in the serrated version.