And then there's AUSTEMPERING! My personal favorite. If you haven't seen what an austempered blade can do, you're missing out. I've seen carbon steel knives that can flex 90 degrees and return true, a shovel that did the same at 180 degrees.
By taking a long hot bath in molten salts, the steel goes straight to banite without forming martensite, and the inherent microfractures/stresses. The trick to it is you can only austemper thin matierial, maybe half an inch, but that's not a problem for knives.