As a knife buyer and user I can say I definitely DO give a crap what steel the knifemaker uses. To my mind the guys who go all ga-ga over nice wood or whatever for the handles and ignore the steel are missing the point of a knife entirely. There is a definite difference in performance from steel to steel, many have demonstrated that in a variety of tests. Personally I would take CPM-154 over 440C or 154CM any day. I only have one knife in CPM-154 at the moment but so far I have been very impressed with it. Bear in mind CPM-154 is not the same as 154CM. It is the powdered version. Powdered steels are proven performers and will take a real keen edge. It also takes a very nice finish from what I can see... my two cents!
Here's a Marty Young Ursus with CPM-154. Excellent performance from this steel...
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