Wow, I really missed the fireworks over the weekend.
To me, the Lamson dammy knife isn't a whole lot different then the Damasteel knife Pierre made. The Lamson knife is really cool steel, with questionable heat treat, grind, handle etc., while Pierre's was a great custom knife with a kinda cartoonish dammy steel. In the $400-500 price range, I would go with a Damasteel from Pierre, as the handle would be superb, the blade geometery would be first-class and the finish work would be among the best out there.
When I first saw the Damasteel knife from Pierre on the forum, I thought it might steal work from the damascus makers. But when I acutally had it in front of me, I realized there is a reason that steel is a bit less expensive then real damascus. It is just not comparible. And the fact that I had Del's pass-around in my hand when the Damasteel knife came in only served to highlight the differences.
To the potential buyers who have not had the opportunity to handle knives from some of the custom makers the Lamson knife may represent the top of the knife food chain (i.e., they were looking for a Shun, but at $250 more this knife must really be the most awesome thing ever made). But I'm sure if they decide to look more into DT damascus/ knives, etc. they will soon realize that knife just is not the same thing. Heck, I've seen damascus gyutos in the same price range a JCK.
Devin is a steel maker, and I think it's great that more people will be exposed to his work. Some of the buyers of the Lamson knife will educate themselves, and one day but one (or more) of Devin's customs. Or maybe one of Del's, or one of the other custom makers.
As far as the 'profit margin' people mention when discussing the knife purveyor in question, please keep in mind most of the 'profit' is actually his salary, covers health insurance, pays payroll taxes, etc. It seems it is viewed that every penny over his costs is just 'profit'. If he earns $100k/ yr in salary and true profit, is that really excessive for a guy who went out on such a limb to build a niche business?