In my experience it holds an edge better than average and S30V is pretty average these days. If you are set up to sharpen modern 'super steels' (diamonds and even ceramics) it isn't all that hard to sharpen. Also, 12% or more chromium makes a steel stainless and D2 has around 11% so it is basically stainless. I haven't had issues with staining.
Also, if you keep up with your knives and strop often or hit it on something like ceramic Sharp Maker after every couple uses so the knife never really gets dull, it really isn't bad keeping it hair popping sharp.
I like D2 and prefer it over most steels except for the newer super steels that will really hold an edge. And it doesn't seem too terribly far behind them. This is my experience at least.
ACCORDING too cpm it is super D2, the power vandium nitride steels, s30v etc are super D2. One thing about steel is a lot work goes into making it consistent. D2 is established tool steel for decades.
It supposed to be hard too sharpen, if you sharpend like i do - i hone sharpen knives on fine. Instead with D2 you need too use all blocks, i use tri block set up with 3 stones. For 440c or similar fine is fine to hone while you watch tv i spend hours too sharpen or hone a knife by hand. Thats how i have done it.
D2 is air hardened so it should be hard too sharpen. It it is tool steel if was easy too sharpen it would not be a tool steel.
For us non-knife makers, who do not have belt sanders with lots of grit belts. You should choose too spend more time with a coarser stone, and the medium then plan on spending just as much time on the fine stone. I do not use fancy sharpeners or diamond never wear rods - plain old stones.
D2 is semi stainless, which means carbide migration or spiders - black spots. Store it in good coating of what ever you use too seal up metal. I use 3 step method for my high carbon fighters, coat it with micro coating, i cover it cheap petro based lube and cover it is wax paper. The combo could form acid compounds, but i have never had a single knife or other spider.
PM me if you need help with this process. Since i never tested it long term with an acid tester - I should - I am not going too print it hear. But it does wash off with hot water and soap, and turns tacky. I remove it every few years and look and recoat. I use other methods, renansiance wax is well established for high end knives.
I dropped a piece of wax paper (with the sticky coating on it) on my wood floor for a day or 2, it ate the varnish off the floor (you know the 25 year warranty floor) and seriously darkened the wood.
I have leek D2 combo and D2 axes and D2 fixed blade fighters. Good choice but tool steel is not 440c. research it.
ATS-34 is a good compromise:
http://www.bladeforums.com/forums/showthread.php/594165-ATS-34-Steel
440c can be stained i know the hard way - my cat pee'd on a knife and netralizer and pee stained it black!~
the new fancy steels are good for high use fighters the cpm line, i see knife makers grind down blanks of s3v
http://www.bladeforums.com/forums/showthread.php/715792-Knives-that-use-CPM-3V-(aka-S3v)/page2
why link all these others? Well D2 is often used as a comparison.
You might just choose renasiance wax and silica gel for storage but long term storage should be like high carbon.