The quality of diamonds varies wildly, so does the quality of plating. I spend a few thousand dollars a year getting diamond applied to my tool bodies to machine stone, quartz, and ceramic, some of these tools are single layer plated. The plating only contacts about 30% of the diamond crystals but the crystals will break before the bond lets go, when done right. I once forgot to screw down a 1/4" stainless steel socket head cap screw and hit it with one of my diamond tools. It pretty much removed the head of the screw before I stopped the cnc router but with a 10x loupe I couldn't see any visible damage to the tool. If I were to get my source to plate a 1"x6" plate it would probably cost $200 with me supplying the plate. Getting diamonds held to a plate with a metal bond is very tricky with expensive tools, I know, I have looked into doing it myself, which changed how I feel about what my supplier charges. I don't cut metal with diamonds but I do cut a lot of hard, abrasive stuff and am always in aw of how long diamonds can hold their edges. I think a properly plated stone with high quality diamonds of the right grade would last forever as long as long as it is not abused. Plated abrasives are by far the most aggressive grinding tools, whether diamond or CBN. The downside is when they get dull there is no way to sharpen, other than to strip and replate.
You want monocrystalin diamond for plating, also called metal bond diamond. You do not want diamonds that will break down under use, you want it to be solid single crystals. Also CBN is for powered machining where heat is a factor, diamond can't take the heat. No need for CBN for hand tools. It is not as sharp, not as hard, and cost's 10x more than diamond when buying powder.