My best friend had one and it had a plastic handle. Mine was a pot metal. We were throwing at trees (and they weren't good throwing knives at all either). His broke on the send throw. Mine kept going.
I'd love to see a custom knife maker reproduce it in quality materials if just for shoots and googles.
D2 differentially tempered blade or a nice VG10, titanium handle or bored micarta, titanium crossguard, cobalt skull crusher pommel with a SAS buttom compass on the inside, ferro rod and striker.
Really good stuff, but still paying tribute to the ugly bulbous toy knife.