Dave: Etching blades is like opening a book to the nature of the steel. When you etch your first blades you will have many questions, when I first started etching 52100 steel I was using ball bearings, many times I would find swirls in the grain when I failed to align the grain flow of the steel perfectly. It took some time to know what I was seeing; at first I considered it simply a beautiful manifestation of the steel, later I found it was actual grain flow. If you do a lot of proper forging on your steel you will be able to actually see the grain flow. If it is a stock removal steel you can still see the grain flow.
Soft steel will etch deeper than hard steel and if everything was done correctly also reveal a larger grain. Scratches are always more difficult to remove from soft steel than hard steel, this may be because they are deeper.
We go into heat treat with a grain that is 3 to 4 points finer in the lower half of the blade that that of the spine simply because we never hammer on the spine, only the future citting edge and sides of the blade. We can see the grain size difference by etching, this was also and first revealed by photomicrographs. I had never considered etching a blade before hardening, had I done so I would have known earlier.
When you see some deviation from the expected pattern, this is where destructive testing may become very revealing, don['t be bashful about having a lab examine it for you, then do your destructive testing on what is left over.
Etching blades reveals obvious characteristics of the steel. It also reveals the nature and extent of your heat treat. Differentially hardened blades are very interesting. Etching blades was absolutely critical to my development as a knife maker. Many who do not etch their blades have no idea what lies behind the mirror. I etched some old Richtig knives and immediately gained great respect for his talents.
Etching and reading the etch comes with practice, a lot of practice. It starts with the first blade etched and continues as long as your curiosity pulls you into the nature of your blades. Etching is cheaper than sending blades to a lab. but the thousands of dollars worth of lab work Rex, Bill and I have invested have all been well worth every penny and more.
Overheated steel will ususally look like someone threw a handfull of grapes into a plate of spaggetti. Stress risers induced during the forging will show up as waves, kind of like ladder pattern damascus, but conforming to the nature of the forging error.
Should you seek a lab. to work with you, you need to find a metalurgist who dreams of steel and great knives. Many men with degrees have never ventured beyond regurgitating the material in their textbooks, avoid this kind of science or you will remain like barnyard chickens picking grain out of what the cows leave behind. You can learn from text books, but study what they are making, use the information where it may apply, questing its value as knife and don't let yourself get hooked into making knives made on the science of fence posts.
Once you find a man of science you can communicate with treat him like gold and work together. No man can make great knives by himself, it takes team work with history, science and dreams of perfection.
Use only the best steel available, many knives fail because they started as poor steel. These failures lead you down paths of deception. You feel what you did was wrong and try to correct it while the fault was there long before you started. When you find a steel you can call friend, buy tons of it if necessary but never run out. If you find something better you can always use your old steel for paper weights or ballast or to keep your bacement from blowing away.
The etching of blades is like learning to dance with your lady, each tune requires a little learning, your practice, dance, etch and the affair continues.
There is more, a lot more but this should provide you with some idea of why and what for. Don't be afraid to call me when you have questions, we all learn through questions and each failure is an opportunity for learning.