Hey Dennis,
"Tactical" is one of those words that is tough to define ("survival" being another), but I'll try to give some of my impressions of the 710HS in those general terms as best I can.
Locking mechanism- I think most definitions of "tactical" usage would place a high premium on a solid blade lockup. In this regard the axis lock scores high marks IMO. I haven't subjected mine to any extreme tests, but have exerted a fair amount of stress on the blade in all directions and have been impressed with the solid feel of the lockup. I would tend to agree with folks who have rated the axis lock on a par with the best frame locks in terms of durability and reliability. The tops of the lock buttons do extend above the scales. While this makes it easier to unlock the blade, I've heard some people question whether this might also make an unintentional unlocking more likely. In most situations I don't personally see this as a problem, however, this concern may well be legitimate in certain tactical scenarios.
Blade material- On paper, M2 steel enjoys an advantage over ATS-34 primarily in terms of toughness. If you're to assume that "tactical" usage implies the possibility of stabbing type thrusts, then this additional toughness may well be a key advantage. Again, I haven't subjected my 710HS to any severe usage that an ATS-34 bladed version wouldn't have survived. I have noticed a slight increase in edge retention over ATS-34, but this is of little concern in a tactical situation. The increased toughness of M2, however, would also suggest that a thinner, more aggressive cutting edge would be possible, and this likely does represent a real advantage in a tactical scenario.
Blade deployment- One handed deployment is much the same as with any liner lock folder and can be accomplished with about the same speed (Emerson wave notwithstanding). I have filed away a small amount of the G10 handle material to improve access to the thumbstud. One handed closing is also routine for those with larger hands, but does requires a little more practice. The axis design is also ambidextrous, thus representing a potential "tactical" advantage where weak hand usage might be required.
Blade shape- The length of the 710 blade provides decent reach, and the shape is conducive to achieving better than average penetration in stabbing type thrusts.
Handle ergonomics- This one category is probably as important as all the others combined, and one that can only really be evaluated by the intended user. For my money, the 710 handle rates average to above average. Certainly it could be improved upon in terms of positive indexing, but it's by no means bad especially considering BM's price point on the 710.
Overall, I think the 710HS is a real solid, dependable package that represents a lot of value for the money.
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Semper Fi
-Bill