Now that I think again, both LC200N and H1 aren't highly wear resistant, H1 is softer and has rather poor edge retention but LC200N is way better when it comes to edge retention.
Offering PMIII, Mini Tac series and other small fixed blades in either of those instead of AUS8 A or 4116 would be an upgrade.
While other brands offer some really good stuff in steels like 14C28N or D2 or even plain carbon steel for the same or even cheaper prices than these Cold Steel models, Cold Steel is taking cheaper route, AUS 8 is OK, but we see 8cr13mov, 5cr13mov and 4034 appear in more and more of CS knives. Instead of upgrades, we're getting downgrades.
Only refreshing is 3V Mini Pendleton when it comes to smaller fixed blades, and VG-1 version which is also decent. And I ordered 3V Mini Pendleton.
All this being said, offering small fixed blades in LC200N or H1 would still cut down their machining costs, these steels would not have crazy edge retention but it would have at least one redeeming quality, unlike the steels they recently introduced.
Each of these steels has redeeming quality:
14C28N has very good toughness and edge retention, surpassing even some carbon steels
D2 has decent toughness and very high edge retention while being almost stainless
H1 has very good toughness and crazy stain resistance
LC200N is decently tough, has decent edge retention and crazy stain resistance
Note that I'm not even mentioning stuff like S30V, S35V, CPM-154 and others.
Now let's see these:
8cr13mov - cheap, mostly used on e-bay knockoffs or fantasy blades
5cr13mov - cheap, mostly used on e-bay knockoffs or fantasy blades
4034 - cheap, mostly used on e-bay knockoffs or fantasy blades