G10 is an absolute bitch to cut. Cutting with hand-tools seems to take forever. Keep in mind, you're basically cutting glass with steel. Cutting with power-tools is obviously quicker but will smoke and stink up your shop like crazy; must be from the resins that hold it together. Use plenty of ventilation and a slow rate of feed and cut. I've had good progress using fine-tooth blades. It's not a material that responds well to fast cutting with a coarse saw.
I've found it machines really well; meaning it doesn't chip out or break apart when grinding or drilling. However, it will scorch and even develop bad "fuzziness" if you work it too fast and let it get hot. Seems like fast cutting heats up the fibers inside it and pulls them out. This can be a big pain; work it slowly.
Oddly, once the rough shape is cut, it sands pretty well. It has a really nice "grippy" texture that's still grippy when wet, and stands up very well to beatings. I think it may be one of the best handle materials for hard-use/low maintenence. The main thing is not to work too fast with it.
I've only made/re-handled a few knives with G-10, but both the customer and myself were very pleased with the results.