From what I have read, the SE H1 knives edge is at 68 RC, the PE is at around 65 RC, from the factory. In fact, the SE H1 blades I have read have very similar edge retention to SE VG-10, while the PE falls way behind VG-10 in PE form. I would guess the additional grinding to form the SE account for the difference in hardness (and performance), so I would think there is a fairly quick rate of work hardening in this steel. Not sure how much sharpening it takes to see a significant rockwell difference, but it would be interesting to see some testing results. I still haven't tried it out yet, but would like to.