VG-10 is a good, well rounded steel--which is one of the reasons why Spyderco uses it so much. I've used a fair number of VG-10 Japanese kitchen knives (e.g. Shun, Al Mar, Tojiro, Zhen, Kagayaki) and while yes, they really are quite a step up from the run of the mill Henckels or Wusthof, they are still not quite to the level of a Konosuke, Heiji, Masakage, etc.
A while ago I wouldn't have believed that they really could be much better--but it wasn't until I actually started using them that I could see and feel the difference. Try stringing out scallions after making 15 pounds of mirepoix and then doing a katsuramuki cut without touching your edge up. It will be very sharp - still probably shaving sharp - afterwards, but it won't have retained as much of that "fresh off the stone" edge that something like Aogami Super/Blue #1 or White #1/#2 would.
Yes, high carbide steels will hold an edge longer, but, as you mention, it is a working edge. The really delicate cuts for vegetables in a lot of Japanese and French cooking are much easier to do with that "fresh off the stone" edge; the longer your knife can keep that edge, the better.
Obviously I'm not cutting cardboard, bones, or anything hard with my knife. It's taken to a very very low angle and it's only used against an end grain cutting board.
True, but I still think VG-10 is okay for a budget knife(depending on where that budget is). Obviously ZDP-189 would be more desired for the same price range.
I've never tried Aogami Super, but my limited experience with White steel in a Tojiro Chef's knife was okay aside from the fact that:
1) I live in Hawaii, so we've got humidity up the buttcheeks.
2) White is more vulnerable to corrosion than the 1095/CPM-M4/1060 that I'm used to.
3) I mostly cut fruits with my kitchen knives, and the blade emits one hell of a metallic smell(and taste I swear) when cutting fruit.
So I'm mostly stuck with stainless for the most part, and I occasionally spot a little rust stain on my ZDP-189 blade, nothing obvious, but it bugs me.
Considering what's widely used as far as stainless goes, I'd say VG-10 is a fine choice given the slim pickings of AEB-L knives. I know Richmond has some at a good price, but I doubt you can go wrong with VG-10 at the $50 and under range.
As far as high carbide steels, obviously S90V and similar steels would never be particularly great in a kitchen knife, but that 3rd generation PM is a game-changer IMO. I had a particular obsession about razor edges, even for a cardboard cutter. So as you can imagine, I was touching up my knives pretty much twice a week minimum

. I noted that M390 held a razor edge considerably longer than other blade steels, and other users report the same with Elmax. It's said that the PM process further improves carbide distribution, which improves grindability, toughness, ease of sharpening, and evidently how evenly the steel wears down.
I'm not sure how well it compares to Aogami Super and high dollar White steel, but I can say with certainty that M390 is like AEB-L with a ton more wear resistance. Would certainly be eagerly awaiting 4th Gen PM Steel if it ever happens in my lifetime

:thumbup:.