I think 1075 is a great steel for a less pricey chopper. It has good toughness but can get be hardened almost as much as 1084. For something like the $50 Schrade Extreme one piece knives - probably a great deal. Thick blade, more obtuse edge.
For a thin bladed knife 1075 does seem less than optimal, and I keep hearing grumbles about edge retention and chipping. However, these knives have gone through changes in their production life, so I certainly wouldn't be surprised if newer ones are much better.
Overall, I haven't found them attractive for the asking price. Lots of people love them, but I think I'd rather just get a Mora for a more basic bushcrafter, or step up 25 bucks and get a BK16 with 1095CV (50100B) steel.
I will be watching this thread to also get convinced otherwise.