So far it seems to be an excellent steel. Crucible's target hardness in the data sheets I have say 62 to 64. In this range it is supposed to give you comparable toughness to 3V with edge holding between 3V and M4. With my first test knife, at .012" behind the edge, I processed about 15 pounds of cardboard into 3" squares and it was still very sharp. About 15 seconds on a strop and it would have topped hairs. I think that is pretty good edge retention. I never seem to thoroughly test my knives for toughness cause someone always manages to need one tougher for "cutting their para cord or spreading peanut butter", but after cross batonning a 1.5" square piece of cedar about 10 times, including through a knot three times, there were no edge issues I saw. I consider this type of usage abuse to a knife, especially with that thin edge, but the 4V seemed to come through with fling colors.
I designed a new knife for use with the 4V over the weekend. It is a thin and narrow bladed knife similar to a Puuko but full tang. I plan to grind it to a near zero edge and really test this one. It will be my new carry knife and work knife. I have always been a big fan of 3V, and I am very excited for 4V. It may be my new favorite for 4" to 6" blades.
I will get the knife shipped to Jim on Monday after the Holiday.