I believe Case uses good old Alabama Damascus, and it is good stuff. I believe it is made with 5160, 1095, and 15N20 but would love to be corrected if wrong. Like all Damascus, you do have to baby it a little if you want it to stay purdy, but if you want to use it the worst that will happen is you will lose the finish.
The way Damascus works is that the layers all have different rust resistance, so the bands of steel will make different colors under a controlled patina. If it starts getting real ugly you can polish it and soak it in acid to refresh the patina. Don't think that Damascus isn't good stuff because it requires a little extra work, it combines the best of the steels together. Obviously it doesn't beat out real super steels, but against non particle homogeneous steels it outperforms its class.