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It looks like the really bad pitting that you get left with when you polish a rusted blade with a buffer wheel or a dremel with a felt wheel.
The rust is gone and the blade is shiny, but the damage...

On the contrary.
the tosuke is a really spiky spike.
whereas this design has the toe rounded. the fact the the blade ends in a spanish point is irrelevant to the danger of the toe.

So if this...

Very nicely made.
As you may know, I have one of russel as well (see review forum), but mine is more traditional.
Charred and hammered, smiling blade and the handle at a flowing angle instead of...