Guys: If you'd like to read a 3 part article on Cryogenics, go to www.heattreatingonline and check out the "articles" section. This is basically the cryogenics chapter from Bill Bryson's book "heat treatment, selection and application of tool steels", published by hanser Gardener. Fot the $30, best book you can own on heat treatment, IMHO.
Bill is soon to have a book dedicated to Cryogenics, also published by Hanser Gardner, and I will have one ASAP when it's available.
You can also search "cryogenics" and see the sites of 300 Below, etc. Very informative.
You should note that cryogenics is used in automotibe racing-entire engines are treated, for musical instruments, and even panty hose. Welders have treated their welds with dry ice since the 40's, I believe-not knowing why it worked, but seeing the benefits in stress relief.
As to Liquid gasses colder than Nitrogen, they might work better, but, you might never be able to measure the difference, either. You need to remember just how slowly things happen at minus 300!! My understanding is that you can reach about 99.9 % of Austenite to Martensite conversion with LN2, so, you can pretty well stop there. But, it is a good point, and I will contact Bill and ask him. Liquid Helium is an order of magnitude more expensive to procure and store than LN2, so, that's a factor as well.
It's interesting to note, that, even since I was in College (graduated 1984), that MUCH has changed WRT this area. I have testbooks from the 50's that are now totally incorrect, and quite amusing. Certainly, I don't want to present myself as an authority here, either, because I don't do metallurgy as my career. BUT, I do know what works, and have personally experienced the remarkable effects of cryogenic treatment on tool steels. All my drill bits, end mills, carbide tools, etc get treated in my Dewars flask of LN2, and they last longer and cut better.
The more sophisticated the steel, the more you NEED to cryo treatment. And remember, you still need to know your stuff when it comes to the heat treatment itself.
Hope this helped!
RJ Martin