My observation and experience with the chisel grind is that it increases lateral strength of the blade but decreases overall cutting performance and makes sharpening more difficult.
The increase in lateral strength is easy to understand because the cross section of the blade can be kept thicker than in any other type of grind.
Cutting performance for general applications is inferior when compared to symmetrical grinds. Lets look at the traditional examples for what those type of blades where used. As Jim correctly stated, almost all of the Katanas and Tantos had a nice saber grind. Made in the traditional way they had a softer core of low carbon steel, two medium carbon sides and a high carbon edge. A chisel grind would not be possible or useful on this type of construction.
Where the one sided grind was and still is used is on kitchen knives. Mainly the sushi blades are made this way. The idea is to hold the knife vertical while slicing. The flat left side has back support on the material you hold with your left hand, and the ground side will push the material you want to cut off to the right. Why is this important for fish? Because fish (like meat) is sticky. The steep angle will put the piece you are cutting off to the right where it will easily separate from the blade, since the surface of the bevel is relatively small. This way the fish stays on the board and you can make several very precise cuts with a minimum of rearranging.
The other application is the wood chisel used for planing. Here again is the purpose to push the separated material to one side and leave room for the blade for further progress. Similar are the blades in paper cutting machines. The push vertically through a pile of paper and leave a perfectly straight cut while pushing the waste to one side.
And dont forget scissors. Both arms (legs?) of the scissors are basically chisel ground blades. They are that way because the have to slice along each other in order to give a clean cut.
In short, the idea is always to separate a smaller, flexible piece from a bigger, stationary piece. If you have this situation, the chisel ground blade does an excellent job.
If the idea is to cut something which is stable on both sides, youll be better off with a symmetrical, thin profile knife, which doesnt have to push the material too far aside. Take a look at traditional hunting, skinning, boning, filleting, etc. knives. They are mostly thin and symmetrical ground to achieve their goal.
And the weapon of choice for penetrating armor was NEVER a chisel ground blade nor had it a (geometric) tanto point. That alone tells me that the advantage cant be that great otherwise our very inventive ancestors would have produced and used them for battle.
Sharpening the chisel ground is another problem. Since the angle of the edge is very steep even a slight wear will decrease cutting ability significantly. And if there is no secondary bevel, you have to take the material from the entire surface of the primary bevel to keep the angle at where it was. This might be easy with a belt grinder, but doing it by hand or in the field is not quite my idea of having fun.
Sometimes me think that some people might be better off with a sharpened screwdriver for what they want their knife to do. But those shouldnt be allowed in this forum