It depends on the steel and the water. When I was trying to clean off some steel plate for corrosion testing I tried using boiling hot water to warm the plate for the application of militec, the water ended up rather severly corroding the surface, not rust, but really bad staining and some etching. This was tap water mind you, and ours isn't all that bad. It was also carbon steel, not stainless, but you get the idea.
I wouldn't bother with boiling water. use water from the tap (hot preferably) and some dish detergent and a toothbrush, and scrub it down periodically to get grease/oil/gunk off the handle and pivot area. The blade itself will be fine with an occational polish with flitz, and if you want to get any sort of film that leaves behind just wipe it down with an alchohol soaked cottonball. I don't really bother going that far anymore though, as I have rarely come upon a situation where a sterile blade would have done any good. I just keep it generally clean and with a super-thin layer of oil on the surface.
For fixed blades I just let em get dirty, I'll clean off sap and gunk, and wash off blood or whatnot. Then they just get a decent coating of oil to prevent sap from adhering and rust from forming when they're in storage, since most of them are high carbon steel.