"orange peel" is very common in D2, as well as some recent versions of 440C and 154CM that are not quite up to the original manufacturing standards. It has nothing to do with vanadium content or how much you polish it (CPM-3V has more than twice the V of D2, but can be taken to a very high polish with no "orange peel" look... it's not easy or fun, but it can be done). It's in the structure of the steel itself; it results from large clumps of poorly-distributed carbides. The more you polish it the more apparent it will be. Ever notice how nearly all D2 knives have a very basic satin or stonewashed finish? In part, that's why.
The powder version of D2, CPM-D2, does not exhibit the orange peel look; nor do any other powder/particle metalurgy steels I've seen. This is simply due to a finer, more homogenous structure.