A while ago a friend loaned me his baladeo to use for fly fishing trips. I would agree with Ryan that if you are looking for a light weight filet knife, the baladeo is pretty hard to beat. It has a good blade which is close to the ideal thickness and shape for fileting. A few weeks ago I picked my own baladeo for fishing / backpacking trips. It works much better than the Benchmade 530, and weights significantly less than my dad's old folding filet knife.
That said, the Baladeo far from my favorite knife for more general use. I am not fond of the locking mechanism. I generally like strong locks which and harder to accidentally disengage like the AXIS lock used by Benchmade over the weaker liner lock. But the Baladeo isn't even a particularly good liner lock. On the two knives I have used, the lock doesn't fully engage on it's own… I needed to explicitly push the liner to the side to get a fully engaged lock. Another thing that didn't thrill me was that I found the tip of by blade tended to catch on things (like my pocket) if I didn't clip it to the outside of something. One of the reasons I often carry a folder is that I want it in my pocket… and I feel uncomfortable with the Baladeo in my pocket.
–Mark

