Of course you are right to trust your actual observation... If anything, I would avoid buying a knife with one of the "super steels", and I flatly refuse to even touch any of the powder steels again... Ever... When I saw how S30V and CPM154cm behave in big choppers (by top end makers) while chopping soft wood, with 30 year old factory 440 or D-2 knives as a reference, I realized I had just been the hapless victim of marketing forces... I think the term is Kool-Aid drinking...
Gaston
Every alloy has different properties and the heat treatment further differentiates them. There's a difference between slamming a huge knife into a log and using a small blade to actually cut something. Those steels aren't meant for big choppers. There are better choices for that purpose.
420HC is perfectly usable with a good heat treatment. It'll cut longer than most people will need it to. Resharpening is easy. Corrosion resistance is high.