At first I didn't like the look of the Regulator but the more I look at it, the more it grows on me.
I don't tend to clip points or Bowie blades because the tip is often upswept too much for me. Looking at this, the tip is really not anymore upswept than a S5 or many other non-Bowie blades. I like a point fairly centered. I am not skinning any deer so I don't need a skinning blade.
I think I like it. There is a reason this basic design has been around as long as America has been around, it is a good design. It is the most American of knife designs as well so I guess everyone should own one.
I wish I could handle it before I decided. I have learned that many knife look perfect on paper but once you pick them up, something comes to light that you didn't expect. Knives are very personal items and they should fit you like they were made for you. Scrapyard has done an amazing job with it's handles. Every SY knife I have picked up had a good handle. Some didn't do it for me for various reasons but they all had great handles. This looks like another good handle. Basic and comfortable in all grips and tasks.