How many knives are currently produced with two of the most highly vaunted powder blade steels, CPM S60V and CPM S90V?
I see you haven't read the part where I said, "they were too difficult to work". Same reason why knife manufacturers won't use them. Once the vanadium content goes over 4%, it becomes exponentially more difficult to grind in mass production. Even CPM-M4 is pushing it(another highly vaunted powder steel and in full production in the Spyderco Gayle Bradley and Benchmade 760 LfTi).
A more fair question would be "how many knives in current production have over 4% vanadium content in the blade steels?"
You pretty much summed up the reason yourself: "...most of these steels aren't designed for knives."
The ones designed specifically for knives need to be easier to sharpen and grind, and thus less wear resistant and have less edge retention(depending on what you're cutting, I'm sure 440C will last just as long as S90V cutting tofu and saran wrap).
I have no doubt they do. While CPM 154 has staying power, how many people purchase this steel over a newly introduced powder; despite its longer, and more proven history? Why do so many limited production runs of newly introduced powder steel knives sell out with pre-orders? It's because owning the latest is what it's all about for most people.
I'm pretty sure the people who managed to get their hands on an Andrew Demko AD-10 are pretty happy with their CPM154 steel, as well as the Tim Galyean Pro Series Large Lahar, the Nirk Tighe in BG-42, Klotzli Knives in ATS-34, and(something that still boggles my mind to this day) any of Emerson's knives in non-powder 154CM(he even makes his customs out of it).
Limited runs typically sell out because they're limited. It could be a mini-AFCK in damasteel(nothing new or powdered about it), a Manix in all the different colors of the rainbow in 154CM, it could be an orange Izula in 1095, it could be an orange Spyderco Bill Moran in VG-10, and I think even the BG-42 versions of the Sebenza are more sought after by some than the S30V versions.
As for the attraction, well, it looks damn good when it's shiny:thumbup::
I confess that I'm one of those said steel-obsessed junkies looking for the greatest(but not necessarily the latest). I rejected CTS-XHP due to its overly large "teeth" and insufficient corrosion resistance. CPM-M4 wouldn't last a day in my pocket without rusting on me, and I wouldn't dream of touching Rex 121, 10V, or 15V for the same reason. And in spite of my obsession, my cord-wrapped Pink Izula in 1095 remains my fixed blade of choice(rust isn't as big of an issue thanks to the coating and mirror polished edge).
Even then, steel is at best only half the consideration for me. I haven't touched my 710-1 in M390 because I was sick of the sandpaper G10 texture(also didn't feel balanced). And I would never buy the mini-griptilian in M390 because of the "cheap" feeling handles. My 0350CB is also has the same old sandpaper texture. And I don't care if the blade is made of diamond, I'm not touching the knife if the handles are like the production American Lawman(which eats up all of my pockets). And I already sold off my BM 755 MPR in M390 because it was so fat and short and the blade shape couldn't cut for crap.