Hi Jerry,
I agree... BAD, but not for the reason you cited... I think it is a poorly modified holster, but not cut through...
Please address my comments on this
marked up photo and tell me if I am off base on my evaluation of the holster...
Thanks a bunch for humoring this amateur analysis from a guy who has learned much from you...
<a href="http://forums.lugerforum.com/lfupload/artyholstercritique.jpg" target="_fullview"><img src="http://forums.lugerforum.com/lfupload/artyholstercritique.jpg" width="400" alt="Click for fullsize image" /></a>