2. S30V CM
We all know that the former is a tad more "pedestrian" Than the latter. However, 154 CM may perform nearly as well at a lower cost.
a. Is the lower-cost steel as efficient as the S30V without excessive compromise of corrosion resistance and edge-retention?
b. Is S30VCM steel worth the extra money. When one carries the knife into more severe environments, the knife has been relied upon to carry out its required duties. Is it worth the added cost and more intensive sharpening requirements?

This is a question relative to a "useful" knife rather than a "wall-hanger".