From his talk at the Maine HI last July, Christoph makes his damascus largely by doing something to the billet then undoing it. Twist, then untwist. Twist, squish down from the ends, squish back up the other way, untwist, etc.
He says that he likes both the moire effects he gets this way because of all the imperfect reverse operations and the savings of material. He's big into wasting as little steel as possible; weighs his billets before and after to see how little he can loose, etc.
The one damascus blade he had at the show was a very pretty little piece (but not as impressive as the amazing hidden tang double edged fighter with blade, double guard, tang and pommel all forged out of one ball bearing with no cuts or welds!).