Golok, in its most basic sense Cryogenics is very cheap, the raw liquid is probably not as expensive as the oils used in quenchings, in any case its nothing to break the bank. You will need a dewar to hold it, but this is a one time cost, and again nothing too much, about the cost of a decent custom knife depending on how fancy you want to get, how large etc. . The price comes in in how it is applied. There are basically two schools of thought. The first is that you just slam the knife into the liquid Nitrogen, leave it for awhile, and then draw it out and temper as normal and thus it is a cheap process.
However there is an argument that this is a very bad thing to do because it introduces a high thermal shock to the steel and can thus create internal micro-fractures. Thus you must bring the blade down very slowly, hold for a long time, and then bring it up slowly. This isn't trivial to do without special equipment and this isn't cheap, like ~$50 thousand. The thing that is problematic to the knifemaker is that this has to be integrated into the heat treat process, so you can't farm out the cryo and do the rest yourself, you have to do the whole thing together. So experimention with bringing it into your base methods isn't trivial, like trying a different oil for a quenchant.
As for which one is "right". It depends a lot on the knife as thermal shock is highly dependent on geometry, both in raw cross section as well as details like grind transitions. I have used knives from the "slam" approach and they had no problems with excessive brittlness, and could for example flex to 90 without breaking (S90V at 59 RC). However we are talking about very thin blades (1/8"), with full flat grinds, distal taper, rounded spines, heavy radiusing, etc. . In other words no stress risor points and a high thermal conductivity (surface area to volume ratio). However if you are making big thick bowies, with no distal taper, and they are going to be subjected to a lot of banging around then there might be something to the slow cool approach. This is what Busse Combat does, and it seems to work for them.
I would note though that Ed makes a very critical point, cryogenics is just one small part of the heat treating process (which is just one part of knife performance), in essense it just extends the quench. It is not trivial to know which heat treat process, in general is "better". Just because you use cryo does mean you are at optimal levels. Someone who has looked long and hard at soak temps and times, heating rates, quenchings oils, etc., could easily be far ahead of you, not to mention using different steels, geometry etc. .
-Cliff