Sal, other things like cost of belts, heat treatment and such make the better steel fall to the wayside. Benchmade with their M2 High Speed steel is an example. It was by far (IMO) the best steel Benchmade had to offer. They only offered it in a few of the most expensive in their line. The higher cost coupled with the lack of new models made it less of a desirable product as time went on. It's been replaced in the lineup by D2 ( easier to machine & heat treat and still pretty good)despite being the best steel in their line up. The M2 models are still very much sought after in e-bay with people still willing to pay the money for them.
I guess what I'm saying is that you do have a say in whether a steel will become popular or not. I'd bet that if a steel was too expensive, too difficult to machine and heat treat you can make it not successful by the way you support it, advertise it, assign it models etc. No matter how good it really is.
Have you tried the CPM125V's, the CPM M4's , RS2, Blue "super steel"'s etc? I'm just curious if you've eliminated most of these. I know I can't read a chart of ingrediants and know the whole story.
I also have a talonite knife. Expensive but worth it, but obviously only a sprint run. Thanks for listening, Joe L. Raleigh NC