I own, but avoid knives now with carbon levels of .5 or .6, unless I am interested in a very large blade. In these circumstances, 5160 makes sense. A blade in 1060 wouldn't appeal unless it was a machete.
For pocket knives, I avoid steels like 12C27 or 420HC, just because I would rather have better edge holding.
I like mid-range steels, like VG10, S35V and XHP. Once you get up to steels like M4 and ZDP189, I am still at the level I am comfortable with for performance steels in pocket knives.
I would also avoid M390 right now, just because I have read too many complaints about poor heat treatment. For my needs, I don't really want 3% carbon levels.
For pocket knives, I avoid steels like 12C27 or 420HC, just because I would rather have better edge holding.
I like mid-range steels, like VG10, S35V and XHP. Once you get up to steels like M4 and ZDP189, I am still at the level I am comfortable with for performance steels in pocket knives.
I would also avoid M390 right now, just because I have read too many complaints about poor heat treatment. For my needs, I don't really want 3% carbon levels.