Geronimo,
It holds an edge for a long time, but not indefinately. I just moved and had to cut up what seemed like hundreds of boxes. My WH Quest with ZDP-189 stayed sharper much longer then the other knives I was also using (blades in ATS-34/154-CM, BG-42 and 420HC). I didn't keep track on how many cuts before it needed to be touched up, but it held an edge significantly longer then my other knives. I wouldn't call it the "be all, end all" blade steel, but it does take a wicked edge and holds it longer then any other steel I have experience with.