The above quote refers to ELMAX steel. The following links give comparisons:
http://www.bucorp.com/files/Toughness_testing_for_knife_steels.pdf
http://www.kau.se/sites/default/files/Dokument/subpage/2010/02/26_349_359_pdf_19432.pdf
ELMAX impact toughness is certainly
much better than 440C at the same hardness, but you are still looking at only ~30 J/cm^2 with an un-notched non-standard test sample. A2 pushes impact toughness above
50 J/cm^2, CPM-3V reaches
~100 J/cm^2, and A9, S7, and INFI reach
~150 J/cm^2! As tough steels go, ELMAX is
nowhere close to what others have achieved.
However, ELMAX may give the highest toughness of steels with that level of corrosion and wear-resistance?
I believe that BU has indicated M390 superior to ELMAX in all three of these respects,
but it is more expensive and since both are designed for high corrosion and wear resistance, not impact toughness, BU recommends the less expensive ELMAX steel over M390, and at lower hardness, for applications where impact damage is likely. Crucible suggests that users choose a less corrosion-resistant steel like their CPM-3V if impact damage is expected, but will its wear-resistance come close to matching ELMAX? Where are you willing to compromise? How tough does your blade need to be? For a less tough blade, you could improve chip-resistance at the edge by altering the geometry - instead of CPM-3V at 0.010", use ELMAX at 0.030"...