Hey Cole. I have several knives in 52100 and have liked it a lot since I first tried it in the middle 90's. It's strong, has good edge stability for thin edges and doesn't get too chippy at the hardness Sal was talking about running it ( appx. rc 62?) . It won't have the abrasive wear resistance on rope and cardboard that steel alloys with vanadium and tungsten give but it should do better if you like really thin edges. I'm fine at 30 degrees inclusive, not 15 like some so I may never really push these steels to the edge of the performance range like some but I like what it gives me at the thinish side of my edges.
It has been used in a few competition knives by guys like Ed Schempp which says more than I can about it's toughness at fairly thin edges along with decent enough abrasive wear resistance. If I'm not mistaken they can't resharpen the knives during competition and edge failure ends their day. Ed can use any steel he wants including his own performance damascus. I'm not sure if he still uses it currently. Maybe he will stop by and clear it up. He has a way of hearing people call his name.
Anyway, it is what it is. Not for everybody to be sure. That Sal wanted one for himself to use around his place says something too. Another person that can use anything they want. It's a compromise steel like all others though and if you don't want to care for a knife and if the idea of a rust spot ( easily removed with cloth) means the knife is destroyed than this may not be the one.
Cole, do you ever get up to the Raleigh stop of the Dixie Gun & knife show?
Joe