A mate and I both had a Ruler when they came out and they were good value at the time. Much better geometry and build than other bikes at the price.
However the rear dropouts on quite a few of them were misaligned - look at it from the back end and they might look narrower at the top than at the bottom. I was sure that it bent a few axles for me that problem. My mate was an engineering apprentice so cold set his parallel but he eventually cracked the chainstays (he was a pretty rough street rider though!). Headtubes might flare with big drops too.
Mind you, they were only £360 for the full bike when new - a set of 3 piece cranks and you were set for any kind of riding. The KHE Beater was sort of the next generation Ruler and made a bit tougher.
