I am skeptical about the idea that there is no difference in the "potential" edge holding of a steel with about .7% carbon and 1% carbon. The former (1060, 1070) are used by sword makers because these steels can be made very tough. A steel like 1095 is close in carbon content to 440C and VG10. I don't think that there is a huge difference between VG10 and 154CM, but that is based on my own personal experience.
I haven't used my knives in AUS8A enough to provide a proper personal comparison, but I have used VG10 quite a bit. Unless I were just interested in a tough blade, I would rather have a knife in VG10 than a lower carbon steel.
For those who are familiar with statistical talk, you cannot prove the null hypothesis. A failure to see a difference between VG10 and AUS8A in one type of cutting test does not mean that they have comparable edge holding, especially in other types of cutting. If I wanted a blade to chop stuff, I'd rather have a steel like 5160 or 1060. I have a Spyderco kitchen knife that holds an edge forever. It is a Yang in VG10, and it is probably the blade geometry that is responsible for 3X the edge retention of some other kitchen knives I have in 440C.
I haven't used my knives in AUS8A enough to provide a proper personal comparison, but I have used VG10 quite a bit. Unless I were just interested in a tough blade, I would rather have a knife in VG10 than a lower carbon steel.
For those who are familiar with statistical talk, you cannot prove the null hypothesis. A failure to see a difference between VG10 and AUS8A in one type of cutting test does not mean that they have comparable edge holding, especially in other types of cutting. If I wanted a blade to chop stuff, I'd rather have a steel like 5160 or 1060. I have a Spyderco kitchen knife that holds an edge forever. It is a Yang in VG10, and it is probably the blade geometry that is responsible for 3X the edge retention of some other kitchen knives I have in 440C.