From what I gathered, you are right - early day low % vanadium stainless are mostly for grain refinement. And VC form also be sub-micron in size, so sparsely + tiny = low abrasion against a 50%+ carbide by volume ERU block/insert.
For that experiment used s90v as a sharpening stone (9% VC) against s30v blade (bm940) & cpm-m4 (GB). The carbide hazed stone surface became quite smooth/dull, afterward it greatly reduced its effectiveness against simple carbon knives. ERU employed both flat surface and edge of the WC inserts, however wouldn't able to guess what their effective abrade grit & burnish topographic/shape. IDK whether one can prepare the WC to some given/target grit (like carbide haze or micron-file).
I suspect the wear for ERU going to be concentrated around the apex 'v' area. This wear can take place by either hard abrasive (VC, diamond, vbn, bn, etc) or large abrasive (AlO, SiC, Natural grit). Eventually instead of a 'v', you get a slight convex cutting edge. Of course, just like any tool, ERU will deliver if use it properly. Fred was very upfront and mindful in named this product a 'edge renewal', very handy for field & quick usage, while require very little skills.
Your review is excellent & quite thorough - thanks very much. My previous post made was more about ERU capacity & situation coverage. My original question, eluded that maybe a rotatable+removable square/hex/octagon insert may greatly extend durability of this ERU