All in all, I give the Cutlass a very good rating. I cut through the frozen cedar tree 3 times. Batoned through frozen wood and used it as a draw knife just for kicks. I cleared some brush from the area as well. Anything less than about 1.5" would cut clean through with one stroke. I cut several a saplings off flush with the ground. I did hit a rock while doing that with the front area of the blade. The edge dented and rolled a bit, about 2" long, but didn't chip out. That's what I would expect with 1085 carbon at 52-54RC. Even with the damage, that area of the blade would still cut wood cleanly. I used the Cutlass as a shovel too, clearing snow and debris from the area I was in. If this was my only blade in a survival situation, I'd have no worries about its ability.
If you hit square on belly (sweet spot) it would bite deeply into the wood, even with it being frozen. Anywhere along the edge resulted in a good clean cut as well. Exception being the damaged area, the edge would still easily slice printer paper when I got home. The damaged area would cut it raggedly.
It touched up easily on my Work Sharp. A 5 passes per side on the 220 Norton belt, then 3 per side on a 320 MX belt (metal finishing), and 5 passes on a 800 MX belt (metal finishing) had almost all of the damage gone and the blade was sharper than the factory shaving edge.
I do wish that the handle sides were a bit flatter in profile, as the blade tended to roll in my hand a little. I have small hands and the grip is pretty big, so if you have bigger hands, it would probably be a non-issue.
I should have took my Potbelly out to compare the two, but hindsight is 20/20. The Potbelly is a hell of chopper for a 7" blade and it doesn't roll in my hand at all. It is better at batoning, but it's a 1/4" thick and that helps to split the wood apart, IMO. I'd bet that it bites as deep on it's sweet spot too.
As for the custom Rick Lowe and James Rehrer knives, there was no noticeable loss of sharpness with the limited amount of work I did with them, as I would expect from a custom knife. :thumbup: