I think you really have to look at this a bit more closely than just comparing steels. In principle, I think it is not unreasonable to compare M2 and ZDP-189 even though one is a stainless steel and the other one is not, one is a powder steel and the other is not.
Both steels can be run very hard, meaning that retain edge stability at high hardness, and both contain large amounts of carbides, even though ZDP-189 certainly more than M2 and both are very wear resistant. At high hardnesses neither are overly tough.
But the problem is, really, that other than with custom makers you will not find a company that runs them at comparable hardnesses and it is really not very sensible to compare M2 @60 Rc with ZDP-189 @ 65 Rc. Finally, the grind needs to be optimized for a given steel. One of the reasons that the Caly Jr. got such raving reviews was because they got pretty much everything right on this one. They (Spyderco) selected a small, high performance cutter gave it a steel that isn't that tough but has high edgestability and gave it a very thin profile (sub 0.020" edge thickness) that fit well with the type of knife and the steel selected and what you get is a slicer that is pretty much unsurpassed among production knives. If you compare that against a hard use knife with a very oblique geometry in M2 (this is meant in general, not in particular to the 710, even though the 710 is a much more rugged piece than the Caly Jr) it won't tell you anything about the steel.