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If you use a sharpmaker and touch up the edge frequently serrations are amazingly easy to keep sharp. The serrations on my ce millie get used every day @ work and are still as sharp as they were when new. It just takes a few passes on the sharpmaker/strop and the serrations are back to push cutting receipt paper.
As they stand, I have no use for them. What I'd like to see is a 50/50 serrated blade where the serrations were at the front of the blade. That might prove useful to me.