Well, it looks like...
...they have some problems with leakage around the paper backing on their roll films and leaky cassettes with 35mm. The roll film problem would be trouble for me, but I roll my own 35mm and am more interested in their sheet film anyway.
As for the grain, that would be a concern. I don't like grain and don't like using film that I know to be inferior just to save money. If and when I ever take one of those really great pictures, I would prefer it to be on materials at the high end of the quality spectrum.
Having said that, I gather there are users who believe that Forte and Foma compare well with name brands. I suspect the only way I'll know for sure is to try it.
The economics of the countries where it's manufactured is certainly a factor in the low cost, but price is also market driven. Of course, when you buy Kodak and Ilford, you're buying a name which allows them to charge more. In any case, if the film were as good as the name brands, I would expect the price to be a little better than I'm seeing.
Thanks for all the discussion and info. I expect I will be trying is soon.
-Dave