Edge geometry makes an unbelieveable difference! The edge that Swamp Rat puts on the Battle Rat it tough as nails and shouldn't ever chip (under resonable use of course, no smashing rocks!), but I don't really think it is optimal for cutting.
My Battle Rat now has a very agressive convex edge about 4mm high. It is more prone to chipping (there are numerous nicks in the edge right now), but it still cuts like you wouldn't believe! The Battle Rat has outperformed every knife that I have ever pitted against it!
One of the toughest materials I have every gotten a hold of (aside from cured hardwood stumps) is corrigated plastic, a convience store soda display. It's cardboard's evil cousin! Other knives couldn't cut it well and would bind up in it, while the Battle Rat sliced though every time. At one point, I took two swift strokes and a huge V-shape was missing from the display. Everyone was impressed!
Like I said, geometry makes a difference!