I have the newer version (bottom image) and liked it a lot, but it did have some downsides which have relegated it to a soft pouch in a draw. I better elaborate there
I had call to give mine back to Chris Reeve to deepen the detent that keeps the blade closed, when he returned it the whole knife had been returned to as-new condition, re-polished, re-sharpened, re-blasted. Since I did have other knives it seemed silly to go mess it up again.
There is no doubt that out of all the folders I handled at the Blade Show '02, the Sebenza was the best put together, solid, smooth, very precise, nice ballance and good lines.
As a tool for the woods it leaves something to be desired.
The flat handle shape, which makes it ride so well, is not comfortable when you have to do any hard cutting/carving, the apple-seed/convex edge that CRK likes so much might be sharp and durable, but it is useless as it comes for wood carving and takes a long time to grind back to a more useful angle.
The locking bar is very solid, but, it does tend to move over (more engagement) when the knife is gripped hard. This is more the case with the Classic though. Also, disengaging the locking bar is not really intuative. While I had no problems working most of the liner locks that I have handled, the Seb took some getting used to. Nearly everyone I have shown it to, even if familiar with liner locks, has had problems with moving the locking bar right.
The blade and handle shape do lend themselves to shutting the blade on your thumb a bit more than some other designs, and whilst it may look like a "Tactical" folder, it most certainly is not, being rather slow to open and manipulate.
Before I bought other knives I did carry my Seb everywhere I was able, but I reckon that the Rapid Response Folder by Combat Elite, and the RSKMk1 by Benchmade are both more useful knives, and both are cheaper while still having S30V blades. Neither has the same smoothness as the Seb, but its a ballancing act. The RRF is not quite as solid, but is faster and safer and the Ritter is LOTS cheaper and a much better slicer.