"Too add to this discussion directly, though, O1 can be a great steel to start with if you have control over heat. If you're doing this 'old-timey', where forges and magnets and checking temp by eye are involved, this will behave much like many steels will... Only trial and error and experience over a long time will provide you with consistent results. If you want to make knives, just be honest with yourself and your approach. If it's in you, it's got to come out, so make knives any way you can, and improve as you go."
This is the comment to read and re read again....Just go out and make knives man. play, experiment, hack, wack, chop etc...Just make knives!! If your out fartin around and not paying the light bill with this, just go out and make knives!! Steel is cheap! if you ruin it, so what. Grab another piece and make another. Again, if you aint paying the bills with this then your time dont mean nothin, and it is better spent learning the craft than watching the idiot box anyway.