If you remember the paper catalogs you probably also remember that Sears offered 3 levels of power tools - a 'good,' 'better' and 'best' - their 'best' truly was as good as what anyone else offered at the time. I still have a circular saw, drill and router from their best line that get used occasionally.
Sears mechanics hand tools were also marketed in a similar way with 'Companion,' 'Sears' and 'Craftsman' being the three brand tiers.
Today however their power tools are junk or gimmicks, and the same can be said of their China made hand tools. I have some of their newer 'Premium Grade Professional' 84-tooth ratchets and what they now call 'Industrial' full-polish wrenches that are very nice, but they are the few remaining exceptions and are also the last of the remaining USA made Craftsman tools.
For the most part I'm done buying Craftsman tools, with the exception of some old stock USA made stuff that I might want to have duplicates of, otherwise I really have all the hand tools I need.