Hard steel= chips, possible breakage. Soft steel= dings, bends. Which of those can be repaired? What good is a knife that breaks?
I think you are underestimating the strength of the "hard steel" and overestimating what damage a soft steel knife can take.

Here, the photo of the Chroma cutlery porshe design kitchen knife. Made out of the
Type 301 stainless steel. Everyone's complaint whoever used or sharpened it, soft steel. I'd be surprised if it is 54HRC. See the crack?

Now let's go back to Fiberware boning knife, 440A steel, 54-56HRC.
I have a lot of hard knives, but never really observed a chunk of that size missing from the blade. The edge damage gallery is posted on my site, I have nothing to hide in there. Check it for yourself.
There is also GRS gallery, which had failed heat treat apparently, and look what a single nail did to the edge. The blade didn't break, that's for sure.
Generalizing, I can say that, hard edge will not take damage as easy as the soft edge. Especially if you use proper tools for the proper job.
Soft steel will bend, as you said, and then you can realign it back, and then it will bend again next time. And few times realignment will weaken that part of the steel enough that it will become loose. That and inherit steel weakness is why I get bunch of soft steel knives with missing chunks of metal from the edge. Well, plus user abuse.
I have quite a bit hard or super hard steel knives. Never had ANY breakage on them. It is very clear to me that I shouldn't take 65HRC SS110V or 67HRC ZDP-189 knives to baton through the steel tubing.
Neither 65HRC S125V nor 64HRC S110V had no problems with wood whittling, cardboard cutting and even pushing through coaxial cable. I didn't chop, pry, batton etc... When I expect that, I pick up Busse BM, or one of the Himalayan import kukris.
If I need to cut veggies I want that knife with as thin of the edge as possible because it makes cutting a lot easier and more precise. That's where high hardness comes very handy. And if I stay with in the steel limits, no carrot so far ever chipped or broke my superhard kitchen knives.
So, I can ask you too, what good is a knife which does its work only half as good as it could? To have very questionable pleasure of rock sharpening? I can see that as an exercise for the skill, but not as the way of maintenance.
If Dorito wants to keep his knives "rock sharp" all the time, more power to him, but overall, soft knives don't have high durability if you try to keep them sharp, otherwise they do not have high cutting performance because you have to stick with very thick edges "thanks" to the soft steel.