Fair enough, and thank you. It's certainly thought-provoking.
Interestingly, pure toughness doesn't seem to rank as highly among comp cutters as we might think. It seems that most winning competitors are using
CPM-M4 for its edge-retention. M4 is not nearly on a level with 3V or 5160 in terms of toughness - but in that application it seems like the high carbide levels are what makes it shine (seems counter-intuitive, but there it is). These folks are winning with speed and accuracy, and demand
really thin, hard, wear-resistant edges. Remember, they have to do stuff like cut and split drinking straws as well as cleave 2x4's. Pretty specialized and fascinating work.
That's largely why I asked what Hans was interested in designing/building. As always, steel selection will come after proper geometry for an intended use.
Incidentally, the only reason I didn't mention INFI earlier is that you can't just buy a bar and experiment with it. Surely it has a place in the conversation if you want to go with an existing knife.