I rather disagree. If the GI Tanto and A1 are both just thick bars of metal, why does the A1 actually cut while the GI Tanto doesn't? Geometry, for one thing. The American tanto point is the most infernally stupid idea ever on a knife actually designed for multiple uses that may include skinning an animal. No matter how much you sharpen the GI Tanto, it's not going to perform as well as a Fällkniven that's been given a similar amount of sharpening attention, I'll bet you my hat on that.
We can all play the anything can be sharp game, but sharpness isn't enough. A screwdriver or a needle can be sharp, but it's still not a good knife. Chisel grinds are worthless in many tasks, especially ones that require precision and very direct cuts. As I said, sharpness isn't enough - cutting performance is what makes a knife different from just a piece of metal with a part of it sharpened.
As for the lamination, this is just a guess, but I figure that destruction is expected. When you join together something that normally isn't together, and then stress it a heck of a lot, it's going to come apart sooner or later. If it happens sooner, we have a problem. If it happens later, we probably don't have a problem.