Good heavens--I've created a monster.
DaveH: "Is 440c really that different?" No probably not. Don't get me wrong, I am not of the opinion that I was going to get an awesome uber-steel and ended up with a crappy steel. It probably is very close to the same thing--I was just kind of looking forward to verifying that myself, and also seeing if I could discern any of the differences the addition of Cobalt was supposed to make in the alloy.
I'm feeling better about it this morning than I was last night--I needed to get something for my nephew's upcoming birthday, and since he's just become old enough to start hunting with his dad, this will make a great low-maintainance hunting knife, and I imagine he'll like the take-down feature...like a lot of young men, he likes taking things apart. Unless, of course, Benchmade contacts me after this long weekend and offers me a straight-up trade for a N690 blade, at which point I'll probably take it and pick up another one of these or something similar for the kid; I've still got 24 days.
I will doubtless pick up another knife in N690 at some point, and when I do I'm not expecting it to be the greatest thing since sliced bread. Mostly, I'm just interested in finding out for myself just what it grinds like (damn near every edge that comes my way gets reprofiled) and how it behaves under the kind of uses I'll put it to--which aren't abusive, but with thin edges the differences in steels show up fairly quickly, and I'll be able to either say that N690 and 440C are so close as to be indistinguishable or if I'm at a table and a guy has the same knife in each steel and the N690 is $10.00 more that yeah, it's worth it.