Recently I had and opportunity to try Alden Indy 403. I also own Frye Walter. Here are just a few observations how Frye Walter compares to Alden 403 Indy:<br />- sole: Indy has much better and more durable neo-cork sole (Walter is leather soled)<br />- uppers: Horween Chromexcel on Indy, but Walter uses quality leather too<br />- Indy`s back of the heel area is anatomically better shaped<br /><br />I also noticed when on flat surface with heel pressed down Indy touches ground with front part of sole, while Walter not (front part of sole is in the air and does not touch ground). Sign of Indy`s better craftmanship? Both boots are made in USA.<br /><br />I consider Indy to be much better boot, but it is also more expensive. If you can get Walter for half of price of Indy, it is worth it.<br />Just my opinion.