Welcome Dennis,
This thread is six years old. Always look at the date of the original post and the recent ones before resurrecting an old dead thread.
Planer blades are not good for knives for most makers. HSS doesn't HT well without ovens and proper slow annealing (many hours cooling at 25-50° per hour from 1650° to below 1200°). Even if you make a knife out of one, the internal structure may be a real crap shoot. Besides, the electricity, belts,and time are probably more than buying good knife steel.
Free is only good if it also equals quality.