uncle bob,
do you know anybody who has sand or bead blasting rig? if so you might consider blasting the blade then bluing it...it looks pretty good (it's a fairly common alternative to parkerizing for a matte gun finish) and it might help hide some of the flaws in the bluing. cold bluing is generally seen as inferior to hot or caustic bluing for a couple of reasons. 1. cold bluing is not quite asdurable, although some of the newer brownell's formulas are supposed to be getting much tougher (44/40 and Oxpho-Blue are highly rated). 2. because you have to swab the bluing onto the metal (rather than dunk the whole piece into a hot solution), cold bluing usually has visible "waves" in the finish...that's why gunsmiths usually only use cold blue for touch up on small areas. i've heard that if you apply several coats and polish between coats you can get pretty decent results with the better cold bluing solutions...obviously some experimentation or surfing of some gunsmithing forums might help you get better results.
hope this helps.
e.
ps. there's one minor thing i've noticed about cold bluing that you might want to be aware of...most of the solutions i've had experience with stink...normally stinky chemicals aren't uncommon, but cold bluing seems to stay stinky for quite awhile after the finish is completed. i have a cold blued tomahawk that i can still smell after almost a year. maybe i'm just over senstive, but i figured might want to be aware of it if you plan to use your knife while hunting. also i don't have experience with every solution, so maybe the better brownells solutions won't have this quirk.