Greg,
I'm not sure it's as simple as "forging is better". Even most (all?) forgers will say up front that the heat treat is way more important than whether or not the piece was forged or done by stock removal. So forging is immediately moved into more of a supporting role, with heat treat being the star.
From there, we have differences of opinion in how much of a difference forging makes. It can make a noticeable (but not nearly as noticeable as a good heat treat) difference according to some people; according to others, the difference really is quite small. And of course there are mistakes that can be made during the forging process that stock removal makers don't often make, so when it comes to forged knives you have to be extra careful.
I love forged knives for the idea of someone putting so much sweat and work into the piece, it gives it soul. But whether a knife is forged or not isn't particularly high on my list of buying criteria. That's just me, of course. I just wanted to point out that I don't believe there's a *consensus* that forging makes a big difference in quality; small difference, maybe.
Joe
jat@cup.hp.com