From what I can tell it makes no practical difference. I didn't want to cut up a perfectly good fence so I used 2 1/2" common nails, a coathanger and some barbed wire. They were cut up at room temperature (20), outside (0), in the kitchen freezer and in the basement freezer.
I used the Machax from Camillus (khukuris were all out on loan), and did the cutting in 4 different spots which all had about the same edge angle (roughly, 1-3 degree variation). About 4-6 cuts were made at each temperature for each piece of metal.
After it was done I visually looked at the four spots and tried to tell if the progression in damage was clear. It was not. I could not really pick one as being worse than the others. There was some variation but it looked random which I owuld expect given the difference in material composition of the bits, angle of cut, force etc. .
It would be interesting to see the effect of really low temperatures, I have some liquid N2 that I might fool around with later on. You are not going to see this in nature however.
So in short it seems that while I would expect the damage to increase as the temp drops, from what I have seen it seems that the difference in behavior is not going to be that significant unless you really drop down the temperature.
I'll freeze the blade and do some work with it later on to see how the blade handles the cold as well. It will get that cold here anyway. I just don't have the patience to wait.
-Cliff
[This message has been edited by Cliff Stamp (edited 12-21-2000).]