dealswusthof gourmet 12 piece knife block set for $199…

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Excellent brand, but this particular model appears to be pressed steel. Not nearly as good as their normal forged steel.

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@areakode: agreed, I'm not sure this is such a great deal given the quality of the knives. If this was their classic of Grand Prix set, then yes.

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Or just buy one fantastic knife for half the price and use it for everything?

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Nothing that claims that it is "Gourmet" is actually gourmet. Gourmet means that it is just one step above cheap piece of crap.

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I'm a huge fan of the Wusthoff Gourmet line of knives.

The bolster is narrow, meaning it's easy to pinch the knife between forefinger and thumb at the base of the blade. There is no heel on this knife either, meaning you can use the full length of the blade for cutting. The tang does extend all the way to the end of the handle, providing weight and strength. (Knife anatomy: http://www.bestchefsknife.org/best-chefs-knife-anatomy-of-a-chef-knife)

As others have mentioned, this is a pressed steel knife, meaning it's lighter weight, and will not hold an edge as well as forged steel knives. That said, I have a 5 year old Wusthoff Gourmet chef's knife that I use all the time. It is well balanced, and I sharpen it once a year along with my nicer knives. With regular honing, it seems to keep it's edge just fine.

I would highly recommend Wusthoff Gourmet knives for budget shoppers, or chefs that don't demand the best-of-the-best quality tools, but just need something that works.