I would think the carbon content is high enough to harden, but low enough to form lathe martensite rather than plate martensite, which is good. Perhaps someone who knows better what they're talking about could chime in here?
I see that 6150 is a chrome vanadium. V forms vanadium carbides in a higher carbon steel, which aids abrasion resistances, in a low carbon steel it is a grain refiner and makes steel fine grained and tough. I think chrome enhances hardenability in addition to providing some corrosion resistance.
I'll bet this steel requires a soak at temp to reach full potential. Perhaps a 10 minute soak from an annealed condition?
On the surface it sounds like a pretty good tough steel, if it will get hard enough.
Mete? Kevin? How'd I do?