Edge retention sounds good(it's probably the correct term).
And so,back to the issue of how much of the original HT may be retained(given that the steel bit itself still remains):One aspect i've noticed to be missing from previous replies is the so-called Through-hardening qualities of a given steel alloy.Older Carbon alloys had rather poor ability to harden throughout.(HT specs are normally given "per...N thickness"(normally 1/2",i think).
Later,more modern alloys have changed that by means of other than C alloying elements(especially Mg is instrumental in allowing the alloy to harden through to a greater depth).
So,just because the "temper-line" extends certain way up the blade,it's not a guarantee that Inside that thickness the blade has formed the necessary structure,i.e. has aquired the desired edge retention qualities.
It can still be a crap-shoot.So it goes.
The hardness can be judged exactly using the hardness tester.Or it can be eye-balled by trial and error.Or any combination of those(tip of a file of a known hardness,et c).
I (personally)have doubts as to the exact relationship of economics and laminating dissimilar steel alloys by the Japanese,as every steel-working culture has practiced that very technique:The Scandinavians(especially Swedes,who have no dearth of ores OR charcoal to this day)used it almost always,on most tools(almost unto the present day the commonest knives in the world,Morakniv,were laminated...).So did the Yakut of central Siberia,or the Frankish tribes of the Rhine valley(who supplied the entire Euro-centric world with metal products till...well,the present,really,Solingen and such-like...),so did the ancient kingdom of Zimbabwe,who forged away all their forests and left an arid desert(without ever running short of iron ores,i think

....So,it'd be a tough call!
