Here's my problem with knives made from sawmill blades: I can talk all day about how great this or that steel is, and why new steel is better than reclaimed, and the pro cooks that I see frequently STILL rave about their sawmill chef knives, from various makers, and they want more.
So I keep making them, and it makes them happy. When they're happy they cook great food, and that makes lots of people happy.
CMR, read the stickies at the top of the forum page, and when you feel you kind of understand basic heat treating, do some testing on your own- all you need is a small strip of the steel. You'll work out a good heat treatment, and eventually make some good knives.
Let us know how it goes!