If you're talking about the BRK Bushcraft Scout Magnacut, I only bought it because I was curious about magnacut, the design didn't really speak to me either. That being said, the knife itself really surprised me. I've found mangacut to be incredibly stainless to the point where I'd be comfortable using the knife in and around water for extended periods of time, it also gets incredibly sharp and is fairly easy to strop back to a perfect edge. Say what you want about Bark River, I'm not their biggest fan anymore either, but the bushcraft scout quickly became my favorite Bark River knife and is still one of my favorite all around knife, with a thin geomtery that makes it really good at just basic knife stuff and the convex grind which effortlessly slices through wood. It's also the perfect size for an EDC fixed blade IMO. If your use case includes more slicing, cutting and carving than it does prying, chopping and general hard use, I think you'll really like it. Sure you won't be able to use it as an icepick if you're climbing mount everest or as a step jammed into a tree, but the toughness of magnacut goes hand in hand with a thin knife like the bushcraft scout and in a pinch, it can be used for light batonning if you're into that.
Anecdotally, in Mongolia, I kept the knife on my belt throughout most of my travels through the countryside and the Gobi desert, everyone I met and let use it really liked how light it was, the ergonomic handles and the super slicey blade. I gave my knife to one woman who then decided to bone a sheep with it, and had no quams about smacking my beloved knife straight into solid bone, I should have known seeing as how most the knives in her kitchen had some massive chips in them. When I got it back after dinner several stress filled hours later, I was shocked to find not one chip or roll anywhere on my edge, maybe it was the convex grind of the bark river knife, or maybe it was the magnacut but both have my full endorsement. The only thing I feel I should warn you is that Bark River is known for shoddy quality control, usually it doesn't mess with the knife's performance itself but there's a chance of getting an uneven grind or a burnt edge that needs to be sharpened out.
Alternatively, I've also had a good experience with my Bradford Guardian 3, it's in M390 but they did an excellent job with the heat treatment and they make knives in magnacut that I'm sure they do just as good of a job with. Thanks to how well they treated me as a customer, especially when I was really new to knives and how the lady on the phone explained all their different steel, grind and handle options to me, she even hooked me up with some discounts and threw in an extra sheath for free with my order. I'd be remiss if I didn't recommend their knives, especially to someone looking for one in magnacut, in my experience they're a good company with great customer service and good heat treatments for their steel.