It's a great material, I think it depends a lot on how it's finished. I complained about rust problems on my Harsey T1, but now believe that's due to the bead-blast finish. My 210 Activator has had zero rusting problems.
Just as an example, I know this is about chipping, not rust.
It probably depends on whose S30V knife you're buying, and what you're using it for.
Going back to the Harsey, though: I had it sharpened by someone who used an electric knife sharpener. *shudder*
Even after they gouged pretty deeply into the blade, it didn't chip. And since the blade was destroyed and due for replacement anyway, I cut up a bunch of junk just to see how it would perform in the future, and it never chipped.