To the OP-
My Thought the Same. S30V "Superman Steel" Is Hype. It's harder to sharpen, Doesn't like to take a Keen razors edge( It can be Done, But not as easily, Effortlessly as 154CM) And In My Experience with S30V It Love to "Chip". Even The little walmart Spyderco Native Chipped on me from just Bumping lightly into other steel. Big chip too. That is Just one example. It Really stinks to have 2 inches of tip break off your $300 knife made of "Superman steel"
I'm Not trying to Start an Arguement over steel. I am Just relaying my personal ecperience with S30V. In My Opinion There is no point,as quoted above to get an "upgrade" to a Fragile steel. 154CM is A LOT better In My opinion and a Lot of Custom Knife makers think the same thing. Go over to
www.Bladeart.com and see $600 folders made with 154CM and tell me why a knife maker with a life time of experience and knowledge would choose that over S30V, when Bar stock is the same price, maybe + or - .50 cents.
That being said. I have the Custom Nealy Pesh with a 5 inch blade of 154CM with the WONDERFUL MCS carry System and I Must say it is possibly my Favorite Fixed blade knife in My collection. The Re-Enforced tip Is Wonderul. I could go on and on. You Will Not Go Wrong With the Pesh. Even the Big 5 inch Blade version that I have a SO easy to conceal. It is a Wonderful Knife and well thought design.
There are other offerings that are Just as Nice( all Mr. Nealys Knives are Superb). But I chose the Pesh after about 3 months of thinking it over and handling different Nealy knives.
The Only Other Person making knives right now that, In My Opinion are as nice as Mr Nealy,(I'm Talking about Medium concealable fixed blade self defense knives,) Is Mr. Al Polkowski. I Currently have a Knife being made for me by Him. ( Out of 154CM I might add). But He Doesn't have the Wonderful MCS Carry System, Just a "J Hook" Or Tek Lok. But thats suffecient for the size and use of the knive I have being made.
Good Luck with your New knie no matter what you choose. But I tell you from my experience you will not be Disapointed with Mr. Nealy's Pesh!!! If you are email me and I will take it off your hands. Nothing wrong with having 2 perfect knives.
Also, I recommend getting the Larger model. It looks On Paper to be big, have big Measurements. But in hand it is perfect size, and with the MCS carry you can put it where ever you want.