Let me try to explain. I've been comparing a 4034 Outdoorsman against a SK5 SRK for a few days. I sharpen them variously with DMT diamond plates, waterstones, and a Sharpmaker. Also use leather strops with good Russian diamond paste. Then I test sharpness with computer paper and my fingers. Then I dull them carving Doug fir. Then check sharpness again. Most people can't distinguish sharp from really f'ing sharp. To push-cut paper at a 90 degree angle requires really sharp. If you tilt the knife any, or move in a slicing motion any, it's much easier to cut paper. Knowing this I can distinguish high levels of sharpness from ordinary sharp.
What you find is some steels are easy to get really sharp, and some are difficult. For example, to get S110V to even cut paper requires diamond abrasives and good technique. To get it really sharp requires good strops and a lot of patience. On the other hand, you can get 4034 to push-cut paper properly in no time at all. Just apex on a DMT fine plate, then 10 strokes each side with Spyderco extra fine rods, and voila. Crazy sharp. No battling burrs, no progression through strops. The only other steel that behaves as well is LC200. 8Cr13MoV is close, and AUS8 also.
Also I find, and here this is anecdotal, not scientific, that edge retention at very high levels of sharpness does not depend very much on the steel. It's not like a Catra test which measures gross wear. Those big Vanadium carbides don't wear but they aren't very sharp either.
I've been studying metallurgy and there are good technical reasons why 4034 is very tough, takes a super fine edge, and is low cost to blank, grind and polish. I believe it will give superior performance to many surprising steels including 1085 and 52100 when it's hardened to 57.5. I believe they're using cryo to get this, like Buck and 420HC. Time will tell.
If people like 3V, I think that's great. I see using Japanese 4034 with cryo as an elegant engineering solution and that really appeals to me.
Any questions?