Yes, good post, Warren. The way I see it, for the type of blades that I make (hunting knives, EDC knives, kitchen knvies), I don't care to have any retained austenite in them. If I were making blades that saw more impact applications, I wouldn't be too concerned about RA reduction. For me and my knives, the goal is always maximum HRC post quench. For "certain" steels, this requires at least sub zero (-100F). For "most" steels I use, including all the low alloy carbon steels like 1084, 80CrV2, 1095, W2, 52100, O1, O7, CFV.....these steels will not benefit at all from any sub zero or cryo quench, and the reason is straightforward....I am getting maximum HRC post quench right from the oil, and the sub zero or cryo quenches will not add any hardness. It is like Kevin Cashen once said, "If you are using those steels, and you do see a hardness increase after sub zero or cryo, you need to rethink your heat treatment." I 100% agree with that.
But once you move up in alloy, and I like to think of A2 as that threshold, and you're making fine cutting instruments, then my philosophy is you need to be "continuing the quench". As I said, I don't want to settle for 63-64 post quench when it could be 65-66 post quench. Larrin has talked about how hardness is directly related to wear resistance and "strength". Is 63HRC post quench good enough for you and the application? Then don't bother with it! If you want more strength and more wear resistance....then IMHO you "should" be doing it. Are you trying to make the "Best" knives you can, or is it "good enough"? Another point, if a steel has an Mf temperature of -130F, a -100F quench is "good enough" in my book. I wouldn't worry too much about that last 30°. Martensite finish temperatures are variable to some degree, and probably rarely is 100% RA conversion done on a blade steel. But the way I see things, if the steel has a low martensite finish temperature, and dry ice is at my local grocer, I am using it.
About the eta carbide precip that has been claimed with LN2 cryo, that isn't a concern for me. My goal is just max hardness/minimizing RA.
And if we want to make the best cutting instruments we can, all we have to do is know the martensite finish temperature (or Mf90 or whatever we want to call it, I guess we could say "as much martensite conversion as you can get at that temp) for any given steel. It would be extremely helpful to have a chart that listed the steel, and then list the Mf or Mf90 next to it.