I use my propane forge to heat treat my knives and the kitchen oven to temper (I use at least two oven thermometers while tempering, household ovens can be off as much as 100 degrees).
Cryo is generally only effective on steels containing significant anounts of chromium. This includes the Stainless steels obviously but also includes two steels that can be heat treated with a forge, 5160 and 52100. Of the two 5160 is easier to work with, 52100 is much more picky in how it is forged (the heat treat actually begins with the forging process, if you are forging blades that is). Several makers have exhaustively tested 5160 and 52100, with the cryo step, and they have concluded it enhances the performance.
Cryo on the simpler high carbon steels however, well it's probably a waste of effort in my opinion. However, it's an area that could be explored by testing if someone were convinced the extra step could improve the performance of the simpler high carbon alloys.