Interesting, George, and thanks. "Theoretically", at least, the more dilute the acid, the more different the rates of etch between the two steels will be. While that's the theory, how much it has to do in the real world is always a question. Also, it seems the "coloration" will be different for different acids, also, regardless of concentrations, based on what I understand here. I go about it dfferent from you, so this is an enjoyable interchange.
When I was first taught to etch damascus, I was told to frequently wipe the blade with a feather, of all things, to remove the bubbles that formed during the reaction. I would think the agitation does that, along with keeping the etchant "fresh" at the steel. Nowadays, I remove frequently, and scrub with a piece of steel wool.
I always enjoy it when a little bit of chemistry sneaks it's way into knifemaking. I find these topics far more enjoyable than the now past days in the lab...