I'm too lazy to search for it, but I sem to recall Sal Glesser once stating that the 2nds were perfectly functional knives with minor cosmetic or other production flaws that wouldn't normally pass muster. I seriously doubt that Spyderco would knowingly release a knife with an inferior heat treatment since thats more than a minor cosmetic flaw and they're known for offering various steels at their optimal heat treatment. I'm sure accidents can happen, but it wouldn't be my first thought.
I don't have any personal experience with H1, so I'll have to defer to other experts, but I would assume this particular steel is the culprit. Everything I've read about H1 steel indicates that it has poor edge retention, especially in a plain edge. Evidently, serrated blades appear to perform much better (perhaps due to the edge work-hardening during use).
Which knife are you having issues with, and how do you sharpen it?