Just got my drill bit a few moments ago......
Reguardless of where it was made it seems to be well machined. There is something I noticed straight off that was different about this bit as comared to others. The cutting edge is wider than the rest of the bit, and more pronounced on the leading edge. The result is a 7/8 bit that cuts at 1"? And due to the way it is cut, it would seem that it could be sharpened with a flat file more easily than a bit that would need to be sharpened from inside the flute. Theroretocialy, you could sharpen it down to a 7/8" bit over time. Now the question is how long will that take?