Ok guys, I'm going to say that I think I've accidentally called wolf on this. Today when I was polishing up the blades in this batch to see if they were salvageable I realized that I've seen this carbide segregation (or whatever it is) in A2 before, in probably all the knives I've made from it in fact. In the past I would see little ghosts of it during finishing and inspection, but I never thought much of it as I've seen much worse orange peel in other steels.
Thinking back though I've never acid-etched an A2 blade before, and the results of that were what startled me so much...
I took one of the knives from the batch all the way up to a mirror finish on one side to see if I could highlight the carbide segregation:
You can see it as streaks of 'orange peel' in the finish in the next 2 photos:
Full size:
http://i.imgur.com/DGSNnPT.jpg
Full size:
http://i.imgur.com/FobaeK4.jpg
Everything is much easier to see after just a few seconds in Ferric Chloride:
This carbide segregation stands out pretty clearly in a mirror finish, and would definitely not be suitable for a knife intended to be finished that way. But I only ever take my knives to a ~600 grit satin finish in which case the issue pretty much disappears.
This blade will be getting broken tomorrow after doing edge retention testing just to satisfy myself that these blades will perform the same as others I've made. All the reading I've done so far says that carbide segregation should not negatively impact the performance of the blade, so I assume the testing will go just fine. Especially given that this carbide segregation was likely also present in every previous A2 blade I've made and tested.
I will be polishing and acid-etching the A2 test blade that I used during the original steel testing process to confirm this.
So: Seems like A2 is not the steel to use for fine finishes (which is what Stacy noted in his previous post), it also seems that A2 is not the steel to use if you plan on doing acid etched finishes, which is a bit of an issue for me right now, but one I'm sure I will work around.
Provided the sample blade passes my tests and proves itself identical to my past blades then this carbide segregation will not be an issue for me with my satin finished blades. I will have to find another option for a current customer that wanted an acid-etched finish but that's fine.
Going forward I think I'm likely going to change steels pending further tests.
Thanks to everyone who contributed in the thread so far! Lots of great stuff to consider!
-A