One thing to be aware of with Cerakote is that you need quite a lot of equipment to apply it properly, most of which a small shop won't have. To apply Cerakote properly you'll need:
* Very clean compressed air supply (was using 2 filter/driers one after the other, and a dessicant drier just before the gun)
* Sandblasting equipment, with very clean sand (sand that's been used with oily parts will ruin your finishes)
* Good quality HVLP spraygun (small ones can be had pretty cheaply now if you don't have one, like $40-$50) the gun also needs to be very clean
* Decent spraying skills
* An oven large enough to bake the knife without touching any part of it (I used a toaster oven turned sideways)
* Very clean dust free space to spray in
If perfection is not required in the finish then the cleanliness issues are probably a bit less important, except for the air and sand. When I was doing Cerakote my process was basically:
* Finish the blade to clean 220 grit overall
* Degrease blade in ethanol bath
(Handle blade only wearing latex/nitrile gloves from now on)
* Sand-blast blade with 80 grit sand at 60PSI
* Heat blade to 300ºF for 1 hour, to off-gas any volatiles or oils that are on the blade.
* Decant Part A & Part B into glass measuring tube using plastic funnel (polypropylene)
* Stir, then filter with fine automotive strainer
* Spray with HVLP mini gun running at 35PSI with on-board air control wide open. 2" wide fan at 6" distance, very fine atomization. Inline desiccant drier on air-line.
* Spray went on so it was wet initially, then dried in about 15-20 seconds after spray, 2 thin coats
* Bake at 250ºF for 2 hours
I've done quite a few blades with Cerakote, and quite like it, but for me in the end it wasn't worth it because once the coating wears off it exposes the sand-blasted steel underneath which then rusts fairly easily. I haven't had any issues reported from my customers, not have I seen any real issues on my personal knife, I just wasn't really sure that it was worth the hassle. The other issue for me was that because you have to coat the blade before attaching the handles that takes away your opportunity to grind the scales and tang flush, which meant the fit and finish was always slightly less than perfect. Not a deal breaker, but overall I decided it wasn't the right finish for all my knives.
I think from what I've seen though that Cerakote is the best overall option for a non-glossy black finish. If I was looking for just the best black finish regardless of gloss then I'd likely try to go for a DLC coating, if I could ever manage to find a decent place to apply it!