I have the San Mai Necker and my best buddy has the standard 1095 model. I have used both of them. The San Mai will hold its razor edge longer than the 1095. It also takes more effort to sharpen but not that much for me. I spent the additional money for the laminated blade because I just like the look. Both knives will corrode if neglected. I live near the Atlantic but I take care of my equipment and I have had no problem with corrosion with either knife. The working edges of both knives are carbon steel. Does one cut better than the other? As long as they are sharpened to an equal degree, the answer is no. So, if you don't mind a regular touch up with a hone, they are pretty much equal to me. If you want an edge that holds up a bit longer without, then the San Mai is a bit better. Whether the San Mai is worth the substantial difference in coast is subjective I guess. For a purely working tool, I would probably get the standard 1095 version and spend the extra money(if there is such a thing as extra money) on other stuff...like another knife. You can buy two of the standard BK11's and have money left over for the price of the laminated model.