The SanMai III seems to be durable enough to me. I have a Trail Master Bowie in SanMai and it held an edge for years before I had to resharpen it. It will also withstand tons of lateral flex. I have even thrown it (which has been the death of many of my knives in the past). As to the Carbon steel that cold steel uses, it is super tough, expecially from shock and flex standpoint.
The down side is that you need to take care of the exposed edge to keep it from rusting. But it does hold an edge well (from what I have heard) my only CS product with carbon steel are hatchets, axe, and shovel, and a newly acquired GI Tanto (super cheap) all basically used for throwing.
But the carbon steel knives are much less expensive. But I would bet you money you will have a very hard time ever breaking the knife.
The Carbon Steel Recon Scout can be had for $69 while the SanMai III will cost 200 (cheapest I have found is at knifecenter.com but shop around for cheaper).
If you can pay $200 for the SanMai you won't be disappointed, and will never have to worry about the knife rusting. But for $69 I will be willing to bet you will not be sorry with the Carbon Steel version either. either will be hella strong for heavy use. (also if you don't mind a tiny bit of extra weight you could do the trail master Bowie)
But all my cold steel products have given me good service, and have been well worth every penny.