I don't know the exact values but I suspect AUS-10 is probably down around XHP on corrosion resistance. Whether those or a less stainless steel like D2, whether or not it matters is totally dependent on the environment. For some people, D2 with minimal maintenance will never appreciably rust. For others, spotting will be a fact of life. One factor that keeps coming up is sweat.
Some people sweat more than others and some people have more corrosive sweat. For instance, I'm fine with D2 three seasons out of the year. Once it is summer and we're talking about 90F and 90% humidity, sweat is a reality for me. My pockets can remain slightly damp in that kind of weather. Forget AUS-10. I'll get the occasional spot on AUS-8. Using Larrin's chart, the magic resistance number for me is 7.5. Steels with that rating and above have never rusted on me.
A higher hedge hasn't been necessary but I do like having it. For budget steels, I prefer 14C28N, N690, and 9Cr18Mov. They provide enough edge to last and have a nice high hedge against rust.