I have both; the MH is a classic and a great design; i wouldn't complain if it was my only fixed blade. The Kraton handle is great for real field conditions -- cold, wet, slippery, covered with blood, etc., and Carbon V is a great steel; easy to sharpen, takes a superb edge and holds it. I'd give the edge to 52100, but they are so close in performance it would be hard to tell the difference IMHO. The F1 is a little more compact, the Thermorun grip is a little harder, and the VG-10 steel is a close to a great high carbon steel like Carbon V as any stainless blade I own. Takes a little longer to sharpen, that's all. A buddy of mine and I compared his Carbon V blade (a Red River elk skinner, as it happened) and my F1 while skinning out a bear; i was surprised to see how close they were in actual performance. VG-10 is better in corrosion resistance, but I've never had a problem with Carbon V -- just dry it off after use and use a little BreakFree or other rust preventative when storing it in the sheath in damp atmospheres.