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titanium is normally used because it offers advantages in weight and wear resistance.
According to Sal Glesser, the titanium Reeve Integral Lock Military is designed and built to the same breaking strength as the steel liner lock version of the knife.
TazKristi just announced they are putting a steel insert in the lockbar of the TiRIL Military to keep them from wearing out so fast.
This, in conjunction with her comments, is strong evidence that the Ti does not wear as well as steel.
Not quite the same issue with the spyderco lock thing. Reference the sebenza it is a titanium frame lock that also rest against a S30V tang and those locks last pretty long as CRK hardens the end of the lock bar or lock bar face.
Also do not be fooled titanium has greater wear resistance than steel, the military has done some materials testing with different steels and titanium with sand and titanium was the clear winner. Basically sand and wind will eat a way a piece of stainless or carbon steel before it will a same sized piece of titanium. The lock bar issue can be solved easily enough, either by increasing the angle on the tang to say 12 degrees and by making the lock bar face larger and machined to a tighter tolerance so that the entire surface area of the lock bar marries perfectly with the lock cut on the tang. The add in the heating of the lock bar face and whamo, you don't need a piece of steel as most folders don't again reference sebenza, buck mayo, mission, strider, etc.
Titanium is the ultimate in bend don't break material it is very TOUGH because it is somewhat softer than most steels used for knives and knife handles. Where steel will snap, crack, fissure, fracture, chip out titanium will for the most part bend and return to its original position probably with little or no damage and will do so repeatedly.