Bill, yeah I'm sure you can stretch it, but its going to be tricky forging something for height that's 3/16, factoring counter bending, the inproportional height/width ratio (collpase, stress wrinkles) and decarb.
Its also going to exclude the stock removal guys from being able to make an appropriate height chef's. All I'm saying is, I could work with it, but I think 1.5 is making it more trouble than its worth for me, but then again, id rather have round or at-least 1/2" thickness. Then again, that's entirely based on how I like to make knives.
I just don't see the point of getting 3/16th stock if its going to be too short to really be ideal for stock removal. It doesn't seem like a compromise that really helps anybody.
Sorry if my opinion is offensive to anybody, I'm probably wrong, but that's just the way its working out in my brain. I think you mentioned getting it in sheet form, wouldn't tthat work out for just about everybody?