bill G
D-2 was created as a cold work tool and die steel. The chromium was added to create chromium carbides for high wear resistance at the expense of toughness. Manufacturers had no interest at the time, (1930s I believe) in rust resistance, and it has only become somewhat common among knives recently. I believe Ted Dowell was one of the first custom makers to use it back in the 70s. It makes a very good steel for knives, as it does a number of things well. In general, it is not as tough as the less stainless type steels (A-2, O-1, and the plain carbon steels) and not as rust resistant as the 440 series and their clones.
79mongoose
As I mentioned above, D-2 makes a very good knife steel. Your choices in the Griptilian being 440-C, D-2 and if you can live with a different blade shape and more cost, CPM S30V. If rust or discoloration is a serious concern, then I would suggest the 440-C, it will hold a very good edge, albeit not as good as D-2. If edge retention and is more of your concern, then go with D-2. I have yet to have D-2 actually rust, but I have discolored several knives, cutting organic materials with it. It hasnt hurt the knife, it just doesnt look as pretty. If you have enough money to spend and like the blade of the Ritter Grip, then S30V apparently offers the best of both worlds. I dont have S30V heat treated by BM, but I have used a Camillus Dominator quite a bit and have had no trouble with discoloration and the edge seems to hold up just fine. Frankly, I find it difficult to notice any difference in edge retention between the quality steels form makers like BM, Camillus or William Henry. I have no doubt there is a difference when they are measured in a lab under controlled conditions, but in daily, come what may use, I cant see a difference.
Richard