The stainless steels like VG-10 have high wear resistance due to the high alloy carbides percentage, and have decent hardness, and so they will stay sharp for quite some time for light cutting. The high hardness allows the edge to stay crisp and the alloy carbides keep it from wearing. For this type of work they work much better than 5160 and can even outperform even 52100.
It depends here on the heat treatment, if you have 52100 at 60 HRC vs S60V at 55 HRC, then 52100 will stay sharper longer on a lot of cutting because of the extra hardness, but if you can get them at similar hardness levels the stainless will stay sharper longer generally on light cutting. You generally need a better class of hone to work those high alloy stainless steels though, steels like 52100 have a very high machinability meaning they are easy to grind even with cheap abrasives.
The issue gets complicated though because makers who use 52100 are generally high end geometry wise and thus their knives in general cut *very* well, much better than tactical knives in ATS-34 and the like, so any comparison between the two tends to be dominated by geometry effects. I would put Ray Kirks 52100 knives over almost every stainless knife I have ever seen in regards to cutting ability for example. However you can get similar geometries in stainless steels you just have to look around, Spyderco Temperance for example.
The critical part is the light in light cutting. Those stainless alloys are not very flexible and not overly tough this means the edge can be prone to chipping and tearing. The tool steels like 52100 are much tougher and thus the edge will stay in one piece longer and thus blunt slower as you do more rough work and be much easier to repair. However the stainless steels will take wet work better also as they have a higher corrosion resistance.
CPM-3V will outperform the stainless steels across the board as it also has a high wear resistance due to the ally carbides, and is signifiantly better in applications demanding high toughness. CPM-10V will be vastly superior in cutting sensitive to hardness and wear resistance.
Note if you want to get even more complicated there are some really high performance stainless alloys. S90V is a stainless steel which has a *very* high wear resistance, and high max hardness (~63 HRC), so it will readily outperform most nonstainless cutlery steels for light cutting as it is harder with more wear resistance.
-Cliff