Valiant, you'll get strong opinions on both sides of the argument and reality is that combo edges and plain edges sell at about the same levels so it appears there is a fairly equal number of people on both sides of this issue. At least those that vote with their money seem to be fairly equally divided.
I'll give you my opinion but it's an opinion, not a fact. The purpose of serrations in the kitchen is two-fold. Mainly, they are used to keep a portion of the edge away from the cutting board. The cutting board dulls edges way, way faster than food does. Secondly, serrations are good for some kinds of sawing cuts like cutting fresh, crusty bread with a bread knife. That's kitchen knives, of course, and I think every bread knife should be serrated - I truly do.
In a sporting knife, the application is different. Normally sporting knives aren't used against a cutting board so hiding a portion of the edge from the cutting board isn't an issue. It isn't likely that one will slice bread with a sporting knife either.
So let's look at the purpose of serrations on a sporting knife. Some would argue that serrations will cut some things (like rope) better than a plain edge. I've cut enough rope in my life that I can't be convinced of that. I find personally that a properly sharpened plain edge cuts rope even better than a serrated edge. Those who do better with a serrated edge don't have their plain edges sharpened appropriately for rope cutting. Basically, serrations aren't important for the things for which sporting knives are generally used.
There are some negatives to serrations. They tend to tear rather than slice and that's not particularly efficient. They are harder to maneuver through whatever is being cut than a plain edge. Finally they are harder to sharpen and maintain. Not impossible but certainly harder.
Is there any benefit at all to a serrated edge on a sporting knife? I can think of only one. A dull serrated edge will cut better than a similarly dull plain edge (or at least tear better.) So people that won't or can't maintain an edge properly will get more life from a serrated edge than a plain edge before it dulls to the point of uselessness. For people who will not sharpen an edge I therefore recommend serrated ones.
Conversely, people who do maintain edges properly will benefit from the plain edge because it will do anything a serrated edge will do and will do most things better. Also, the plain edge doesn't have those negatives I mentioned earlier. So for those who will maintain an edge properly, I recommend the plain edge.
Personally, I maintain my edges properly and even enjoy doing it so I have plain edges - except for those bread knives, of course. Take care.